Maruti Suzuki India Ltd.

Maruti Suzuki India (MSI), the country’s top car manufacturer, is expecting 10% sales growth in the second half of the current fiscal. The company is expecting this on the back of upcoming festive season. MSI’s sales growth in first half of this year was flat and with expectation of 10% growth in second half, the company anticipates that the overall growth should be in tune of about 5% for complete year.

Due to labour unrest MSI’s production capacity had taken a hit but with the situation normalizing it is expected to meet the market demand. The company at present is producing 1,400 vehicles per day and by the end of this month it will be about 1,600 units. By November, the company expects it to be about 1,800 units.

The company’s latest model ‘Alto 800’, a refurbished version of its biggest-selling small car, has already seen more than 10,000 bookings within a day of its launch. Besides, the company is also targeting markets like Chile, where the car would be launched by the end of this year. The company is eyeing sales of 400,000 diesel units this year.