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 remains bullish on long-term growth prospects of domestic automobile industry

Date: 28-09-2020

Maruti Suzuki India (MSI) has remained bullish on the long-term growth prospects of the domestic automobile industry despite challenges in the short-term. The auto major, which has close to 50 per cent market share in the domestic passenger vehicle segment, noted that there remained a close connection between the state of economy and demand for automobiles.

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.