In a bid to de-risk its future network expansion, Maruti Suzuki is reportedly acquiring land parcels across the country. In this regards, the company has created a separate vertical for land acquisition and identified 77 land projects in FY17 for setting up its dealerships.
Maruti had a network of 2,020 outlets across 1,652 cities as on March 2017. This is more than the combined numbers for rivals Hyundai, Mahindra & Mahindra, Tata Motors and Toyota. The company has expanded rapidly in the last five years, almost doubling the network number from 1,100 in FY11.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 355.35 |
| Maruti Suzuki | 13725.40 |
| Mahindra & Mahindra | 3329.50 |
| Hyundai Motor India | 1852.45 |
| Mercury Metals | 30.94 |
| View more.. | |
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