India’s largest carmaker Maruti Suzuki India Indian Limited on Wednesday said the company has crossed the cumulative sales mark of 50 lakh in rural markets of India. With over 1,700 customized outlets in rural areas of the country, around 40 per cent of MSIL’s total sales today come from rural markets, Maruti Suzuki said in a statement.
The company’s total sales in the April-June period of the current financial year stood at 3,53,614 units. In the financial year 2020-21, it sold a total of 14,57,861 units, which was lower than the 15,63,297 units sold in 2019-20.
Commenting on the development, Shashank Srivastava, Senior Executive Director, Maruti Suzuki said, “We are proud to announce that with the support of our customers and local dealer partners, we have achieved an overall sales of 5 million in rural India. Markets have a very special place in the company’s business, he said, adding, “Over the years, we have carefully studied the needs of this segment… We offer products matching the needs of the customers in rural India. and are committed to delivering the services.’ “Though the aspirations of the country’s large customers are similar to those of metros, they demand more attention and care.
Shares of Maruti Suzuki India Limited were trading at Rs 7,220.00 with a gain of rupee in the middle of the session on Wednesday. 54.45 from its previous closing price of Rs 7,165.55 on NSE.