Maruti aims to double sales network to 4,000 outlets by 2020

April 03, 2016 01:35 pm | Updated 01:35 pm IST - New Delhi

Maruti Suzuki India (MSI) aims to double its sales network to 4,000 outlets by 2020 as part of plans to sell 20 lakh units per annum.

“This is in line with the ambition to sell two million units by 2020,” MSI Executive Director Marketing and sales RS Kalsi told PTI .

The company, which ended 2014-15 fiscal at a total of 1,820 traditional dealerships spread across 1,470 cities, plans to add 200 outlets in the current fiscal, thereby taking the count to over 2,000 shops by the end of the current fiscal.

“The company is also planning to enhance the number of Nexa showrooms to 250 in the current fiscal from the current 127 outlets,” he added.

In 2015-16 fiscal, the company added 200 traditional dealerships, while Nexa outlets expansion was the fastest retail network expansion anywhere in the world, Mr. Kalsi said.

As part of its plans to achieve 20 lakh sales mark by 2020, the company also plans to introduce a slew of models in the country.

In the current fiscal, the company plans to launch two new models, Ignis and Baleno RS, towards the festive period this year.

The company, which posted its highest-ever total sales at 14,29,248 units in 2015-16 at a growth rate of 10.6 per cent, had launched three models S Cross, Baleno and Vitara Brezza in 2015-16 fiscal.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.