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MARUTI RC BHARGAVA
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...- Maruti sales in FY25 will be in line with industry average; rural sales a saving grace this year: RC BhargavaMaruti Suzuki's RC Bhargava expects festival season sales levels to drop after Diwali. Market growth is predicted to remain between 3-4% fo...
- Maruti AGM: Auto industry icon RC Bhargava debunks an enduring myth citing examples from India storyIn Maruti Suzuki India’s Annual General Meeting, Chairman RC Bhargava highlighted India's achievement in combining rapid economic growth an...
- Long waiting period for Maruti cars to continue this year too: RC Bhargava, Chairman, Maruti SuzukiRC Bhargava said the company is emphasising on better fuel efficiency because it's not only in the consumer's interest but will also help t...
- 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.
- These rate cuts will not be of much benefit to customers: RC Bhargava, Chairman, Maruti Suzuki"The rate cuts have been happening periodically over the last year but the extent to which the borrowers have benefited from these is lower...
- Gujarat plant should help us reach double-digit growth: RC Bhargava, Maruti SuzukiShareholders had suggested the share split and the board will consider and decide on this matter.
- 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."
- 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 unlikely to have any impact on car sales numbers: RC Bhargava, Maruti Suzuki"A budget only has impact on sales when people either expect excise duties to go up or come down. That apart, there is very little that can...
- 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...
- Maruti Suzuki Chairman RC Bhargava gets Forbes lifetime achievement awardBhargava, who has been chairman of the country's largest car maker since 2007, also serves on the board of several leading corporates.
- 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 ...
- Expect to grow at double digits this year: RC Bhargava, Maruti Suzuki'If some players in the market are offering discounts, then the others will have to follow suit,' says RC Bhargava, Maruti Suzuki.
- 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.'
- 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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