Last updated:
In Navratri, Maruti Suzuki India delivered 1.65 lakh vehicles, Partho Banerjee estimated 2 lakh units. Exports and stocks have also recorded tremendous growth.
New Delhi. Maruti Suzuki India has delivered 1.65 lakh vehicles in the first eight days of Navratri and according to Partho Banerjee, Senior Executive Officer of the company's marketing and sales, the total delivery is expected to reach 2 lakh units during the festive season. Talking to CNBC TV18, Banerjee said that this is the first time Navratri delivery has crossed one lakh mark, which shows the tremendous demand for Maruti cars in the market. With these figures, the company has introduced a tremendous challenge for competitions like Tata, Mahindra and Hyundai.
In September, the retail sales have risen on the basis of growth of 27.5 percent, the company started October with a booking of about 2.5 lakh vehicles. To meet the demand, the company has increased production, in which supply chains and production teams are also working during Sunday and holidays this month. Banerjee warned that customers delaying the booking may have to wait till the festive season for delivery.
Export also increased
Exports have also been strong, there has been a growth of about 50 percent last month. Electric vehicle exports reached around 3,000 units, with shipments going to Japan and Middle East as well as European markets including Norway, Denmark, Belgium and Switzerland. Banerjee said that Maruti would reconsider the export target of its annual 4 lakh units, balanceing foreign shipments with strong domestic demand.