Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
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Maruti Suzuki eyeing for CNG, hybrid cars to reduce oil imports

Date: 02-08-2019

In a bid to cut oil imports and reduce air pollution, Maruti Suzuki India is eyeing for all kinds of green technologies, including CNG and hybrid cars.

The company had started in this direction many years ago with the introduction of factory-fitted CNG vehicles. The production of such cars increased by 40 per cent in 2018-19 and this year is targeted to increase by near 50 percent. The company is fully committed to helping the government's programme for reducing the consumption of oil and achieving cleaner environmental.

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