The automaker by sales also expects export volumes to grow to 8,00,000 cars by fiscal 2031, Chairman R.C. Bhargava told shareholders at the company's annual general meeting.
Maruti exited the diesel vehicle market in 2020. Aiming to sell 4.5 lakh CNG vehicles, plus hybrid vehicles this year, company says these will match earlier diesel vehicle sales.
Maruti on Wednesday launched Invicto starting from around Rs 2.5 million. The firm hopes the seven seater will create premium halo that will ‘rub off’ on sales of its other models.
Company Wednesday announced highest-ever annual sales of 1,966,164 vehicles, highest-ever exports of 2,59,333 units and crossed Rs 1 lakh crore in annual turnover for first time.
Maruti has seen overall market share dented due to lack of SUV products. It hopes new lineup, including new Brezza variant, Grand Vitara & upcoming models, will pick up the slack.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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