Maruti Suzuki battles slowdown, expects to emerge stronger

Maruti Suzuki India Limited, India's largest passenger car manufacturer expects to emerge as an even stronger company by the time the economic slowdown ends.

The recession has taught Maruti many lessons and also confirmed the validity of its strategies. As a consequence, following the policies based on a good value system, Maruti has weathered the recession much better than others. It is debt free with healthy cash balance. The growth has been financed from internal resources. Its continuous efforts at cost cutting and improving productivity, even in the good times, helped itself in making reasonable profits despite the impact of higher commodity prices and a weaker rupee.