In 2010, the annual sale of cars in India is expected to become 2 million units. Maruti Udyog Ltd wants to have 1 million units under its belt. The goal is ambitious but achievable for the company. It is already the top player in the Indian auto market. There will be new models and a new car plant coming up from the company in the next few years. For this, Maruti and Suzuki Motor Corporation are investing $1.3 billion. Maruti Udyog is also planning to export a compact car soon.
If India can sustain the current level of economic growth then the auto industry will flourish in the next 10-15 years. Suzuki has acted very smartly by giving a lot of effort to shine in India.
Related Articles
Comment Preview