Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14200.70
-400.85 (-2.75%)
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Maruti Suzuki expects double digits growth in FY17 sales

Date: 22-03-2016

Maruti Suzuki is expecting sales to grow in double digits in FY17, with new models likely to drive growth. The new models like Baleno and Vitara Brezza will play a major role. The Vitara Brezza is effectively going on sales in the next fiscal only.

In the April-February this fiscal, the company has sold 12,99,903 units as against 11,808,60 units in the year-ago period, up 10.1 per cent. In 2014-15, the company had sold 12,92,415 units.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturing company. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.