Maruti drives ahead on exports

SMALL CARS REMAIN KEY TO COMPANY’S GROWTH STRATEGY

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MARUTI SUZUKI INDIA'S (MSIL) festive demand surged in the quarter, with retail sales reaching 400,000 units between late September and October—nearly double the level a year earlier.

Small cars led the recovery, registering a 30% yo-y growth in October, while larger models gained around 5%. Retail growth in smaller towns exceeded 60%, underscoring the resilience of rural demand. Pending bookings stood at about 200,000 units, including 30,000 for the recently launched Victoris sport utility vehicle. Inventory levels eased to around 30 days by the end of the quarter,and the company expressed confidence that growth momentum will continue into the second half,aided by strong demand and improved production.