Maruthi Suzuki eyes on record production for next financial year

by Automotive | 26-03-2021 | 308 views

Maruthi suzuki the largest car maker of India is eyeing on record production for next financial year which may be the steepest growth since listing in 2003.

It means maruthi driving an over all market expansion by it's fastest in decade.Since it accounts for 50% of sales albeit on a lower base.

The company has told the vendors it plans to raise production to 2.05- 2.07 million in FY 22 up 42 % from the year before. That would be lifting Indian passenger vehicle market to growth of 25% in FY22 against contractions of an estimated 4 % in FY-21 and 18% in FY 20.

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