Maruti AGM: Auto industry icon RC Bhargava debunks an enduring myth citing examples from India story

Maruti AGM: Auto industry icon RC Bhargava debunks an enduring myth citing examples from India story

Auto industry icon RC Bhargava debunked an enduring economic myth at the Maruti Suzuki annual general meeting, underlining how India has shown the world that rapid growth and a democratic political system can coexist. The continuity of the government and industry-friendly policies are giving India high hopes of seeing sustained high growth, the Maruti Suzuki … Read more

Facing ‘small delay’ in finalising site for new 10-lakh units plant: Maruti Suzuki Chairman

Facing ‘small delay’ in finalising site for new 10-lakh units plant: Maruti Suzuki Chairman

New Delhi, Maruti Suzuki India is facing “a small delay” in finalising the site to set up a new plant with an annual capacity of 10 lakh units although the upcoming plant at Kharkhoda in Haryana is on track to start production by 2025-26, company Chairman RC Bhargava said on Tuesday. Addressing shareholders at the … Read more

Suzuki working on smaller hybrid cars for India with much better mileage: Maruti chairman RC Bhargava

Suzuki working on smaller hybrid cars for India with much better mileage: Maruti chairman RC Bhargava

Japanese auto giant Suzuki is working on smaller hybrid cars that will offer much better mileage than the current cars, revealed Maruti Suzuki Chairman RC Bhargava.While speaking to reporters post the announcement of Maruti’s Q4 earnings on Friday, Bhargava said that the costs of today’s technology which goes into the Toyota hybrids is still quite … Read more

Maruti Suzuki: Maruti Suzuki goes big on sales, earnings follow

Maruti Suzuki: Maruti Suzuki goes big on sales, earnings follow

New Delhi: Maruti Suzuki India, the country’s largest carmaker, Friday reported record revenue, profit and vehicle sales for the quarter as well as the financial year ended March, helped by robust demand for higher-margin sport utility vehicles (SUVs). Lower commodity prices and a cost-cutting drive also aided the financials of the carmaker which has popular … Read more

Maruti Suzuki: ​​Small cars likely to stage a comeback by 2026 amid rising entry-level incomes, says Maruti Suzuki chairman RC Bhargava

Maruti Suzuki: ​​Small cars likely to stage a comeback by 2026 amid rising entry-level incomes, says Maruti Suzuki chairman RC Bhargava

Small cars may stage a comeback by 2026 as the income of customers at the entry level rises and scooter and motorcycle owners start upgrading, Maruti Suzuki chairman RC Bhargava told ET in an interview. He dismissed the argument that two-wheeler and first-time car buyers have become aspirational and are leapfrogging to mid-sized cars and … Read more

No country other than India has better prospects for future: Maruti Suzuki Chairman RC Bhargava

No country other than India has better prospects for future: Maruti Suzuki Chairman RC Bhargava

New Delhi, There is no other country in the world better placed than India in terms of future growth, Maruti Suzuki India Chairman RC Bhargava said on Monday. Speaking at an event here, the veteran industry leader noted that the country needs to get rid of the old baggage of various defunct laws, regulations and … Read more

Biogas most viable for small cars, says Maruti’s RC Bhargava

Biogas most viable for small cars, says Maruti’s RC Bhargava

Biogas is the most viable fuel for small cars in India given the abundant availability of the bio waste in the country, RC Bhargava, chairman, Maruti Suzuki India, said. According to him, battery-powered vehicles at present have many limitations for users of small cars, including price and charging facilities, and are more suitable for those … Read more

Maruti in discussion with Gujarat govt for land parcel for new plant: RC Bhargava

Maruti in discussion with Gujarat govt for land parcel for new plant: RC Bhargava

Maruti Suzuki India Chairman RC Bhargava on Wednesday said the company is in discussion with the Gujarat government to get the appropriate land parcel for its second plant to be set up at an investment of Rs 35,000 crore. The country’s largest carmaker plans to produce 10 lakh units annually at the new plant as … Read more

Predictions for 2024: Small cars may lag in a good year for motown, says RC Bhargava, Maruti Suzuki

Predictions for 2024: Small cars may lag in a good year for motown, says RC Bhargava, Maruti Suzuki

The growth of the automobile industry, which in normal times closely tracks the growth of the GDP, was adversely affected in 2019-20 by the switch to BS6 standards, then by the Covid pandemic and finally by the shortages of semi-conductors. It was in 2022-23 that the industry could finally cross the volume of sales reached … Read more