Maruti Suzuki India, country’s largest car maker is targeting to achieve a growth of 9-10% in FY15, double the estimated industry growth of 4-5%. The rural area continues to do well for the company and the company expects niche marketing to bring in incremental numbers.
To achieve 10% growth, the company has adopted a strategy to reach out to customers, instead of waiting for customers to come to the showroom. The carmaker is reaching out to customers in rural markets and target groups and banking on exchange programs to bring in incremental volumes.
Maruti Suzuki India reported 11.4% fall in total sales at 86,196 units in April 2014, against 97,302 units in the same month last year. The company’s domestic sales declined 12.60% during the month to 79,119 units, as against 90,523 units in April, 2013. However, export sales increased 4.4% during the month to 7,077 units as against 6,779 units in April 2013.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 338.10 |
| Maruti Suzuki India | 13859.25 |
| Mahindra & Mahindra | 3129.15 |
| Hyundai Motor India | 1983.00 |
| Mercury Ev-Tech | 35.58 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: