Monday, April 6, 2015

Maruti to rev up rural drive, targets 1.5 lakh villages

Gadget Reviews India - The company's rural sales had increased by 23 percent to 4,15,380 units in last fiscal, when it posted its highest ever total sales in a financial year. It had posted total sales of 12,92,415 units in 2014-15 beating previous best in 2010-11.
  
"In FY14-15 we established presence in 1.25 lakh villages. Target going forward will be to enhance presence in 1.5 lakh villages," Maruti Suzuki India (MSI) Executive Director, Marketing & Sales, RS Kalsi said.
  
In 2013-14, the company had established its presence in 93,400 villages across the country.
   
"In FY14-15 our penetration in rural areas stood at 34.5 percent (of total sales) as compared to 32 percent in FY 13-14," Kalsi said.
   
The company's rural sales had stood at 3,36,463 units in 2013-14 financial year, he added.
   
"At the start of the year (FY14-15), we targeted to sell at least one vehicle in 1.25 lakh villages. We have been able to reach even the smallest of villages- today more than 7 percent of MSI's sales are coming from villages with less than 200 households," Kalsi said.
   
He added that sales in rural areas have been impacted due to delayed monsoon and recent unseasonal rains but evinced hope that things would improve in the coming days.
  
"Barring the current situation, the long term growth story of rural India looks good and promising..As infrastructural jobs reach rural India, the dependency on agriculture may come down," Kalsi said.

Source: Auto News  and Tech News
 
 
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