Maruti sees exports driving growth

MARUTI SUZUKI IS leaning on its export strategy to sustain growth, chairman RC Bhargava said on Thursday.

- NITIN KUMAR

MARUTI SUZUKI IS leaning on its export strategy to sustain growth, chairman RC Bhargava said on Thursday. Speaking at the company's annual general meeting (AGM), Bhargava said that with the support of Suzuki Japan and Toyota in several export markets, the company is eyeing a global push aimed at offsetting falling demand at home and boosting foreign exchange earnings.

"Our exports strategy is built around the need to export to make up for the fall in the domestic market and to maximise our foreign exchange earnings, our forward production and profits," he said, highlighting that support from Suzuki Japan and Toyota has made it the top automobile exporter for five consecutive years.