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Maruti Suzuki boosts Baleno production to cut down waiting, delight customers

Posted On: 2018-09-12 20:43:54

With a core focus to enhance customer experience, Maruti Suzuki India has increased production of its blockbuster model Baleno. This will help to delight customers by reducing the waiting period for Baleno.

Launched in October 2015, Baleno is one of the top selling models for Maruti Suzuki. The premium hatchback has been featuring among India's top five best selling cars since March 2017. Maruti Suzuki has sold over 450,000 units of Baleno cumulatively, since its launch.

Speaking on the occasion Mr. R.S. Kalsi, Senior Executive Director (Marketing and Sales), Maruti Suzuki said, "The high demand for Baleno since its launch is a testimony of our best in class technology, design and customer experience. The availability of Baleno got a boost with the Suzuki Motor Gujarat plant operational at its full capacity of 2.5 Lakh units annually. We are confident that with increased production of Baleno we will be able to enhance the car ownership experience of our NEXA customers. With improved availability the average monthly sales of Baleno has touched around 18,000 units in the past 8 months, as compared to an average of around 14,000 units in the Jan'17-Aug'17 period."

A symbol of the Make-in-India mission, Baleno is exclusively manufactured in India. It is the first car to be exported from India to Japan. And, besides domestic market the premium hatchback received overwhelming response in global markets such as Australia, Europe, Latin America and East Asia.

Baleno with its bold design, best in segment safety and convenience features is one of the most awarded premium hatchback of recent times.

Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.8502.1 as compared to the previous close of Rs. 8512.85. The total number of shares traded during the day was 52065 in over 8362 trades.

The stock hit an intraday high of Rs. 8549 and intraday low of 8401. The net turnover during the day was Rs. 441191973.


Source: Equity Bulls

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