Monday, May 04, 2009

Maruti Suzuki Eyeying on 5% Sales Growth in 2010 Fiscal Year

Maruti Suzuki India has recently announced that it expects a sales growth up to 5 percent in the 2009-2010 fiscal year. The company has revealed the target on the back of a strong demand in the rural areas as well as foreign market. Having seen huge demand in the rural areas, the company decided to hire more rural dealer sales executives in the current fiscal year. Currently, Maruti Suzuki India has 2,500 rural dealer sales executives, and the company plans to add 1000 more to the current number of dealer sales executives across its 680 outlets in India.

Maruti Suzuki India is the largest automaker in Indian car market and I am really very surprised to know that the automaker is looking for sales growth in this time of global economic recession. Many automakers like Toyota, GM and Honda are struggling to remain profitable due to economic slowdown. Maruti Suzuki already has a very strong presence in India’s fastest growing auto market and it seems that the company continues gaining more and more shares in the Indian auto market.

Related article:

Business Standard