GENEVA: India's largest car maker Maruti
Suzuki is gearing up to introduce four new products next fiscal.
The company, which has been bringing about two new products each year in the past couple of years, is accelerating the introduction with an eye to strengthen its hold in the market.
"We had earlier announced that we would bring 15 models by 2020. We have done eight so far. As part of the plan, in the next fiscal, we will have four launches," Maruti Suzuki India Executive Director (marketing and sales) R S Kalsi told PTI here on the sidelines of the Geneva Motor show.
Out of the four, he said, two will be new models and two will be upgrades.
The company will launch the all-new third generation Swift+ , which was unveiled here, in India in the spring of 2018.
Geneva Motor Show 2017 - Cars to watch out for
Geneva Motor Show 2017
Volkswagen has pitched the Sedric concept car as an automatic lounger on wheels that one can summon at the touch of a button. (Reuters Photo)
Geneva Motor Show 2017
The Sedric concept focuses more on traveling rather than driving, and has enough space for both passengers as well as cargo/luggage to be moved in 'futuristic comfort.' In the time to come, it can be put to use as an urban transportation vehicle. (Reuters Photo)
Geneva Motor Show 2017
Here's how the company describes Chiron - The most powerful, the fastest, the most luxurious and the most exclusive production super sports car! With 1500hp of power at 6700 rpm and a zero to 60mph time of 2.3 seconds, not many doubt the words used to describe the Chiron. (Reuters Photo)
Geneva Motor Show 2017
The Bentley Bentayga has been considered the big daddy of SUVs. It may well be. This SUV has been an envy on the roads, bringing luxury, performance and road presence together to make for an ultimate experience. It is backed by a 600hp @ 6000 rpm engine and can go from zero to 60mph in 3.5 seconds. Yes, 3.5 seconds despite being an SUV . (Reuters Photo)
Geneva Motor Show 2017
Another SUV to watch out for - and drool over - at the Geneva Motor Show is the Maserati Levante. Offered in two options - a 345 hp and a 424 hp, this mean machine has lots of style to make a complete statement on the road. The interiors are plush with leather and wood used in abundance. (Reuters Photo)
Geneva Motor Show 2017
Lamborghini Huracan Performante made headlines when it claimed that it has beatedn the Nürburgring lap record for a production car with a time of 6:52:01 - five seconds quicker than the previous record. This powerhouse on wheels makes 631 horsepower at 8000 rpm and goes from zero to 62mph in 2.9 seconds. (Reuters Photo)
Geneva Motor Show 2017
Early into the G eneva Motor Show, the Italdesign Zerouno grabbed maximum eyeballs. And it is easy to see why. (Reuters Photo)
Geneva Motor Show 2017
The 5.2-litre V10 engine in a lightweight body frame made from aluminium and carbon-fibre helps the car kiss the winds at high speeds. (Reuters Photo)
Geneva Motor Show 2017
The SQ5 has been on European roads for some time now and the latest version promises even more to Audi fans. A supercharged V-6 engine makes 354 hp of power and the 20-inch alloys make this a car you just cannot miss on the roads. (Reuters Photo)
The company is also gearing up for the upgraded version of its premium cross over X-Cross later this year.
Kalsi, however, declined to share details of the upcoming products.
Asked about growth expectations in the new fiscal, he said the market is poised for growth and the company's will be faster than the industry's.
"We have been growing at a good rate in the past five years and next fiscal, we are sure of a double-digit growth," Kalsi said.
So far in April to February, the company has sold around 13 lakh units, he added.
Maruti Suzuki sales up 10.9% in February
The country's largest car maker Maruti Suzuki on Wednesday reported a 10.9 per cent increase in total sales at 1,30,280 units in February as against 1,17,451 in the year-ago month. The company's domestic sales stood at 1,20,735 units, up 11.7 per cent from 1,08,115 units in February last year.
On whether the company is aiming to have 50 per cent market share, up from the current 47 per cent, he said: "For us, what is important is growing faster than the industry."
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