A big news related to the country’s largest car manufacturer Maruti Suzuki India has come to light. According to a senior company official, Maruti Suzuki expects the pace of Christmas sales to continue. Giving information, he said that the company retailed 2,02,402 units last month, which is the highest for any month of October thanks to festive sales, breaking the previous record of 1,91,476 units recorded in October 2020. .
In fact, while talking to the media about this whole matter, Partho Banerjee, senior director, marketing and sales, Maruti Suzuki India Limited, said, “Some ‘few lakh’ weddings are being planned across the country (in November). . So we are hopeful that this will also provide us with good benefits in terms of our retail sales.”
“In terms of retail sales in the April-October period, we have cumulatively recorded a growth of around 4 per cent,” Partho Banerjee, senior executive at Maruti Suzuki India Ltd, told the media when asked about the outlook for the rest of the financial sector. year. Our growth in October was 22.4 percent. At the beginning of the year it was estimated that growth this year would be between 4 and 5 percent. I think it will be in line with that.”
He further said that the company has effectively reduced inventory levels across its sales network. Looking ahead, Maruti Suzuki is banking on “several lakh weddings” planned for November to maintain the momentum of festive sales after a record month in October. Addressing concerns over the company’s ability to sustain the festive season sales momentum in the coming months, Banerjee said, “We are told that there will be ‘a few lakh’ weddings across the country (in November). “They are going to happen. So we are hopeful that this will also give a good boost to our retail sales.” He also said that the company expects the sales momentum to continue due to weddings coming up in November.
