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RC BHARGAVA INTERVIEW
Maruti targets 10% growth in FY27 but margin pressure lingers, says RC BhargavaMaruti Suzuki anticipates a strong 10% volume growth in FY27, supported by new production lines. The company's outlook is bolstered by heal...- We have done much better than last year: RC Bhargava"Increase in commodity prices were handled through hedging of commodities"
- Expect GST to benefit country as well as auto industry: RC Bhargava, Chairman, MarutiMy view has been that scrapping should not be done age wise. It should be done on the basis of the fitness or otherwise of the vehicle.
- Reducing production of other cars for Baleno and Brezza: RC Bhargava, Chairman of Maruti SuzukiCertainly the outlets are being expanded and we will keep expanding till almost the entire country’s adequately covered with Nexa channels.
- Expecting to start production in Gujarat plant in early 2017: RC Bhargava, Maruti Suzuki"I think 17-18 should see something better happening because Gujarat will become available."
- Lot of unutilised capacities lying around: RC Bhargava, Maruti Suzuki"In 2015-2016 the rate of growth of sales in the rural areas had slowed down substantially. We were growing before this at about 22-24% in ...
- Weakening Yen was giving profits earlier: RC Bhargava, Maruti SuzukiIn an interview with ET Now, RC Bhargava, Chairman, Maruti Suzuki, talks about earnings growth as well as SC ban on diesel vehicles.
- Baleno will be manufactured in the Gujarat plant: RC Bhargava, Chairman, Maruti Suzuki IndiaIn an interview with ET Now, RC Bhargava, Chairman, Maruti Suzuki India, talks about the Brezza, the Baleno and the upcoming plant in Gujar...
- Govt's fiscal move a major factor for RBI to act on rate, says RC BhargavaKeeping the fiscal deficit down to 3.5% is the major factor which would persuade the RBI to lower interest rates, says Bhargava.
- Budget 2016: Additional cess on diesel, small cars unexpected, says RC Bhargava, Maruti Suzuki"Why are cars being targeted, especially when you are also saying that we must spend all the money required to get to Euro VI by 2020."
- See little room for further margin expansion: RC Bhargava, Maruti SuzukiWe are trying to expedite work at the Gujarat plant because we need that production according to our estimates of future demand, says Bharg...
- Profits will keep growing at Maruti, without any increase in capital: R C Bhargava, chairman, MarutiWe are hoping that sales will go up in October because this time, the first few days of October now are the Shrad period, which is not an a...
- Auto industry will see de-growth if excise duty goes up: RC Bhargava, Maruti SuzukiWe expected this to happen because govt is very conscious of the need to expand manufacturing an, they have realised industry is not doing ...
- Budget 2014: Volumes could go up by 5-10% if vehicle prices are reduced, says RC Bhargava, Maruti Suzuki India'All the market prices today have come down, based on the new excise duty,' says RC Bhargava.
- Strengthening of Maruti is a priority for Suzuki Motor: RC Bhargava, Maruti Suzuki'Financing the project with Suzuki’s money will be much better for Maruti than doing it with our own money.'
- Every player comes with an objective of cutting the leader's share: RC Bhargava, Maruti"Production has come down a little bit, but not very much because actually retail sales in the last three months have not declined. "
- Enough workers at Manesar to produce 150 units per day: RC Bhargava, Maruti SuzukiIn an interview with ET Now, RC Bhargava, Chairman, Maruti Suzuki, talks about the current situation at Manesar, and what shape Maruti's pl...
- The only way to grow is to make more diesel cars: RC Bhargava, Maruti SuzukiToday, the market is such that you can sell as many diesel cars as you can make and we have stepped up the output of the Dzire and Swift.
- Budget 2012: Increase in excise duty will increase car prices, says RC Bhargava, Maruti SuzukiNormal practice is that the increase in excise duty is passed onto the customer. So, I expect that will happen this year also.
- Weak rupee, strong Yen hurting Maruti adversely: RC Bhargava, MD, MarutiIn an interview with ET Now, RC Bhargava, MD, Maruti, talks about company's health and future plans. Excerpts:
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