Suzuki aims to sell 7.5 lakh units in the current financial year
A huge part of the Indian two-wheeler scene for the last 12 years, Suzuki Motorcycle India Limited (SMIL) has now produced its 4 millionth vehicle in India from the factory in Gurugram, Haryana. While this is undoubtedly a huge milestone, Suzuki is also working towards achieving a 7.5 lakh sales milestone for this financial year. So far this year, Suzuki has registered an average month-on-month growth of over 20 per cent.
Celebrating company’s landmark moment, Satoshi Uchida, Managing Director, SMIPL, said, 'This is a testimony to our commitment to India, and we wish to achieve many such milestones in the future. With this landmark, we are a step closer to achieving our sales target of 7.5 lakh units by the end of the current financial year. We thank our valued customers, business partners, associates and all my colleagues for this remarkable feat.'
Over the last few years, SMIL has been growing rapidly and consistently, thanks to an impressive portfolio. In fact, owing to the rise in sales, SMIL has been planning to set up another manufacturing facility in India. The company is looking at an investment of Rs 600 crore. Suzuki has been on the lookout in the states of Uttar Pradesh, Haryana and Rajasthan. The new facility is likely to be operational by 2021-2022. This move goes hand in hand with their target of 1 million annual sales by 2021. In the financial year ending March 2018, the company successfully achieved its target of 5 lakh units.