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Maruti Suzuki acquiring land parcels to de-risk its future network expansion: Report

13 Jun 2017 Evaluate

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.

Maruti Suzuki India Share Price

13859.25 130.85 (0.95%)
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