Maruti Suzuki, the largest car manufacturer in India has announced that it expects a healthy double digit growth in the fiscal 2014-15 on the basis of the current market conditions in the Indian auto industry.
Commenting about the expectations for the 2014-15 fiscal, Mr. Mayank Pareek, COO (Marketing and Sales) at Maruti Suzuki stated that carmaker has been witnessing an increase in the conversions of footfalls.
Mr. Pareek also commented that the top seller in the month of June 2014 was the small car segment comprising of first-time buyers. He further added that exchange sales have growth by 35 percent in the month of June 2014.