Tuesday, Aug 11, 2020 | Last Update : 01:04 AM IST

140th Day Of Lockdown

Maharashtra52451335842118050 Tamil Nadu3028752446755041 Andhra Pradesh2355251456362116 Karnataka182354991263312 Delhi1461341316574131 Uttar Pradesh126722767212120 West Bengal98459671202059 Bihar8274154139450 Telangana8075157586637 Gujarat71064542382652 Assam5883842326145 Rajasthan5249738235789 Odisha4592731785321 Haryana4163534781483 Madhya Pradesh3902529020996 Kerala3433121832109 Jammu and Kashmir2489717003472 Punjab2390315319586 Jharkhand185168998177 Chhatisgarh12148880996 Uttarakhand96326134125 Goa871259575 Tripura6161417641 Puducherry5382320187 Manipur3752204411 Himachal Pradesh3371218114 Nagaland30119738 Arunachal Pradesh223115923 Chandigarh1595100425 Meghalaya11154986 Sikkim9105101 Mizoram6203230
  Business   Companies  19 Mar 2017  Maruti Suzuki India reaches reach to 1,643 cities

Maruti Suzuki India reaches reach to 1,643 cities

PTI
Published : Mar 19, 2017, 5:29 pm IST
Updated : Mar 19, 2017, 5:32 pm IST

The company had accelerated network expansion in the last five years from 1,100 dealerships to 2,007 outlets.

Maruti Suzuki India
 Maruti Suzuki India

New Delhi: The country's largest carmaker Maruti Suzuki India's (MSI) sales network has crossed 2,000 mark, extending its reach to 1,643 cities and towns across India.

The company, which aims to sell 20 lakh units per annum by 2020, had accelerated network expansion in the last five years to grow from 1,100 dealerships in 2011-12 to 2,007 outlets in 2016-17.

 

During the last five years, the company on an average has added 200 outlets every fiscal. It doubled its footprint from 800 cities in 2011-12 to 1,643 in FY16-17. "In recent years just as the company has introduced new models in new segments, the company has also consciously expanded it sales outlets, introduced new channel to reach out to new set of customers through Nexa," a company spokesperson told PTI.

The company is on track to meet its target of taking the total network tally to 4,000 by 2020 to achieve the medium term goal of selling two million units annually in 2020, the spokesperson added.

"This includes a 360 degree expansion across all formats existing channel, Nexa, commercial and True Value. Our aim will be to be closer to customers," the spokesperson said.

 

In addition, the company's premium retail chain Nexa is also set to grow to 250 outlets by the end of this fiscal from 127 last year.

As part of its growth strategy in the country, Maruti plans to launch around 15 new models over the next few years in order to achieve target of selling two million units annually by 2020.

In the next fiscal, the company is gearing up to introduce four new products. The company, which has been bringing about two new products each year in the past couple of years, is accelerating the introduction with an eye to strengthen its hold in the market. Out of the four, two will be new models and two will be upgrades of existing models.

 

Tags: maruti suzuki india, car sales
Location: India, Delhi, New Delhi