Reuters logo
BRIEF-Maruti Suzuki India forecasts double digit growth this FY
October 27, 2017 / 9:21 AM / 23 days ago

BRIEF-Maruti Suzuki India forecasts double digit growth this FY

Oct 27 (Reuters) - Maruti Suzuki India Ltd chairman R C Bhargava:

* Says co will grow in double digits this fiscal year‍​

* Says economic conditions are becoming better for carmakers‍​

* Says co talked about share split but don’t see incentive to do it ‍​

* Says Suzuki Motor has been working on electric vehicles‍​

* Says partnership agreement with Toyota includes discussion on hybrid, electric technology

* Says co will make electric cars but can’t commit to a date‍​

* Says future of hybrid cars in india depends on GST rate and cess on such cars‍​

* Says no clear roadmap to reach all electric vehicles by 2030‍​

Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below