Reinventing Maruti - India's Largest Carmaker Is Banking On Green Technologies
Business Today|May 15, 2022
Bharat And India: The Two Key Ingredients In Maruti Suzuki's Recipe To Strengthen Its Pole Position-and Fulfil The Country's Clean Mobility Needs Along The Way
Prerna Lidhoo
Reinventing Maruti - India's Largest Carmaker Is Banking On Green Technologies

82 PER CENT MARUTI’S SHARE OF THE CNG CAR MARKET IN FY2021-22, WHEN IT SOLD 235,000 UNITS

82 PER CENT THE SHARE OF THE EV MARKET TATA MOTORS HOLDS. MARUTI’S FIRST EV IS EXPECTED IN 2025

A DELICATE BALANCE between lemon juice and water is what makes good lemonade. Too much lemon and the drink turns sour. Excess water makes it bland. The country’s largest carmaker Maruti Suzuki’s reinvention strategy is much like perfecting this lemonade, with Bharat and India as the two key ingredients. On one hand, the company is obligated to serve its core customer base, the entry-level car buyer. On the other, it can’t afford to ignore the high-margin SUV segment that has almost doubled in the past five years.

The country today is divided into two distinct markets, says Maruti Suzuki India’s 87-year-old Chairman R.C. Bhargava: “There’s a Bharat, which buys a two-wheeler because a car is too expensive. And then there’s an India whose buying capacity matches any other part of the developed world. The only way forward is to cater to the transportation needs of both.”

この記事は Business Today の May 15, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Today の May 15, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

BUSINESS TODAYのその他の記事すべて表示
EQUITY PIONEER
Business Today India

EQUITY PIONEER

WITH NEARLY 25 years in private equity-more than half of that at the Indian arm of Advent International-Shweta Jalan stands out as one of the few women at the helm of private equity in India.

time-read
1 min  |
November 24, 2024
TECH FOR GOOD HEALTH
Business Today India

TECH FOR GOOD HEALTH

A FOUNDING MEMBER of Apollo Hospitals, Sangita Reddy has played a pivotal role in driving the organisation's growth through tech-driven solutions.

time-read
1 min  |
November 24, 2024
MARCHING AHEAD
Business Today India

MARCHING AHEAD

\"THE BIGGEST RISK is becoming complacent,\" says Radhika Gupta of Edelweiss AMC.

time-read
1 min  |
November 24, 2024
REINVENTION DRIVER
Business Today India

REINVENTION DRIVER

COLGATE-PALMOLIVE (INDIA)'S growth story has been steered by constant innovation and it is a topic that interests the company's boss, Prabha Narasimhan.

time-read
1 min  |
November 24, 2024
AN ADVOCATE FOR MENTAL HEALTH
Business Today India

AN ADVOCATE FOR MENTAL HEALTH

FOR NEERJA BIRLA, observation and realisation have played very important roles.

time-read
1 min  |
November 24, 2024
BUILDING AGILITY AND RESILIENCE
Business Today India

BUILDING AGILITY AND RESILIENCE

AS CHAIRPERSON OF Piramal Pharma Ltd (PPL), Nandini Piramal says she has worked towards cultivating a culture of innovation and diversity.

time-read
1 min  |
November 24, 2024
FOCUSSING ON THE BASICS
Business Today India

FOCUSSING ON THE BASICS

SHE MAY BE in the business of keeping customers cool during the summer months, but her job is a year-round affair.

time-read
1 min  |
November 24, 2024
FINGER ON THE PULSE OF INDIA
Business Today India

FINGER ON THE PULSE OF INDIA

LAST YEAR WAS a blockbuster one for Netflix India; the OTT platform also won numerous accolades (including an Oscar for The Elephant Whisperers).

time-read
1 min  |
November 24, 2024
Shifting Gears
Business Today India

Shifting Gears

CHANGE IS INEVITABLE Lakshmi Venu holds this belief as she leads one of the country's largest auto components maker Sundaram Clayton and the billion-dollar tractor manufacturer TAFE.

time-read
1 min  |
November 24, 2024
SHINING SUN
Business Today India

SHINING SUN

FOR ANYONE LIVING in south India, the Sun network is a familiar name.

time-read
1 min  |
November 24, 2024