India Goes Flex: Maruti Suzuki launches India's 1st Flex Fuel car

On the eve of World Environment Day, fuelling the vision of Atmanirbhar Bharat, Maruti Suzuki India Limited ("Maruti Suzuki") today launched India's first flex-fuel car in the august presence of Hon'ble Minister of Road Transport and Highways, Shri Nitin Gadkari, and Hon'ble Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri.

A flex-fuel car gives the flexibility to customers to run on any blend of ethanol and petrol from E20 to E100*. Maruti Suzuki is introducing flex-fuel technology in the Wagon R, a favourite brand that has long pioneered alternate fuel vehicles in India, including CNG and LPG.

With the launch of India's first flex-fuel car, Maruti Suzuki brings innovation aligned with national energy security and sustainability goals. In addition to a significant reduction in oil imports, flex-fuel vehicles can also help to boost farmer income.

Speaking at the launch event, Shri Nitin Gadkari, Hon'ble Minister of Road Transport and Highways, said, "India imports a large quantity of crude oil every year, and biofuels like ethanol are an important pathway towards reducing this dependence while strengthening our rural economy. Flex-Fuel Vehicles can create a strong and sustainable demand for ethanol, benefiting our farmers, industry, and the environment together. I appreciate Maruti Suzuki for taking this leadership step by introducing India's first flex-fuel car and supporting the Government's vision of clean and self-reliant mobility. I am confident that this initiative will encourage other car manufacturers to launch their flex-fuel models and oil industry to enhance ethanol distribution infrastructure."

Shri Hardeep Singh Puri, Hon'ble Minister of Petroleum and Natural Gas, remarked, "India's ethanol journey is unstoppable. Under the leadership of Hon'ble Prime Minister Shri Narendra Modi, we have transformed our farmers from 'annadatas' to 'urjadatas', while strengthening India's energy security. FlexFuel Vehicles are a win-win for the nation - reducing crude oil import dependence, saving valuable foreign exchange, lowering emissions, and creating new opportunities for rural prosperity. I congratulate Maruti Suzuki on taking this important step towards a cleaner, greener, and more self-reliant energy future."

Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, "At Maruti Suzuki, we are committed to offer cars with multiple technologies and fuels. The Company is introducing BEVs, Hybrids, CNG/CBG and ethanol flex-fuel vehicles to meet India's twin goals of reducing oil import and carbon emissions. The ecosystem for ethanol as a fuel in India is in its early stages, and as a market leader, we think it is our responsibility to contribute to make 'India Go Flex'. Once it reaches mainstream adoption, Flex-Fuel Vehicles have the potential to cut oil imports, carbon emissions, and local air pollution while enhancing domestic value addition and farmer incomes."

Shares of Maruti Suzuki India Limited was last trading in BSE at Rs. 13048.60 as compared to the previous close of Rs. 13058.10. The total number of shares traded during the day was 19462 in over 4841 trades.

The stock hit an intraday high of Rs. 13181.40 and intraday low of 12914.50. The net turnover during the day was Rs. 254102195.00.

Source : Equity Bulls

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MarutiSuzukiIndia INE585B01010 Cars UtilityVehicles FlexFuelCar