Maruti Suzuki aims to boost festive sales with November wedding surge

Quick Summary:

With a record October month behind, the country's largest carmaker Maruti Suzuki India is banking on a "few lakhs marriages" slated for November to carry forward the festive sales momentum, according to a senior company official.

The company clocked retail sales of 2,02,402 units last month, which is its highest for any October month on the back of festive sales, breaking the previous record of 1,91,476 units posted in October 2020.

So we are pretty hopeful that it will also give us good traction in terms of our retail sales," Maruti Suzuki India Ltd Senior Executive Officer, Marketing and Sales, Partho Banerjee told PTI.

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Article Details

Category: BusinessFinance

Markets: India

Topics: NIFTY 50 Marketing and Sales Executive Officer Maruti Suzuki India Ltd Maruti Suzuki Momentum Retail sales Finance team BSE SENSEX Senior company official Forward Suzuki Partho Banerjee

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 13:38:24 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 664 words

Reading Time: 4 minutes read

Sentences: 23 lines

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Copyright Owner: © Business Standard

News ID: 23376305

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