Maruti to double exports

“We are planning sales up to 1.5 lakh units in the overseas market this fiscal, besides registering a 10 per cent growth in the domestic market,” Maruti Suzuki India Chairman R C Bhargava told reporters on the sidelines of the SIAM annual convention here.

“We are working on having the CNG option in some of our small cars. This will allow us to sale factory fitted CNG cars,” he said, without disclosing further details. The car major exported 70,000 units last fiscal.

Regarding the domestic market, in which the company sold 7.22 lakh units last fiscal, Bhargava said MSI is on track to register a 10 per cent growth in FY’10. MSI’s annual general meeting will be held on September 2 and it will be attended by Suzuki Motor Corporation Chairman Osamu Suzuki.

“We will discuss issues relating to investment and production capacity, besides on how to handle European export market. “We will also discuss matters like reducing the waiting period for some of our brands like Swift and Dezire during the meeting,” he added.

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