Maruti Suzuki Targets to Sell 6 lakh CNG Vehicles in This Financial Year

The country’s largest car maker Maruti Suzuki plans to focus on environmentally friendly fuel options like CNG. The company has the largest share in the CNG segment of passenger vehicles. It has vehicles with petrol engines fitted with CNG kits.

The company has set a target of selling six lakh units of CNG vehicles in the current financial year. For the first time in the last financial year, the number of vehicles running on CNG exceeded five lakh units. maruti suzuki Maruti Suzuki sold more than 4.8 lakh units of this. The company has a share of about 73 percent in this segment. Last financial year, Maruti Suzuki sold a total of Sale The contribution of CNG vehicles was about 25 percent.

Maruti Suzuki Chairman, RC Bhargava said that the company will wait for a few months to know the government’s plan on Goods and Services Tax (GST) on hybrid vehicles. He said that GST on hybrid vehicles remaining intact at 43 percent or reducing it to 12 percent would make a big difference, according to Road Transport and Highways Minister Nitin Gadkari. Maruti Suzuki’s total manufacturing has crossed three crore units. The company started manufacturing in the country in December 1983. It has manufacturing plants at Gurugram and Manesar in Haryana and Hansalpur in Gujarat. The company manufactured 10 lakh units in 1994. After this, it manufactured one crore units in April 2005.

It has manufactured over 2.68 crore units at its plants in Haryana and over 32 lakh units in Gujarat. Maruti 800 has played a major role in helping the company reach this milestone. Over 29 lakh units of the vehicle have been sold. Its other successful models include Alto 800, Alto K10, Swift, Wagon R, Dzire, Omni, Baleno, Eeco, Brezza and Ertiga. The company’s managing director, Hisashi Takeuchi had said, “We are committed to ‘Make in India’. Our contribution in the total export of vehicles from India is around 40 percent.” Maruti Suzuki started exports in 1987. In the last financial year, the company has made its highest sales with 17,59,881 units.