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New Delhi: <keyword id="19909974" type="General" weightage="100" keywordseo="maruti-suzuki" source="keywords">Maruti Suzuki</keyword> <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword> is looking to sell around 6 lakh CNG vehicles in the current fiscal, an increase of around 25 per cent as compared to FY24, according to a senior company executive. The country's largest carmaker company on Wednesday expanded its CNG model range as it rolled out its premium hatchback Swift with S-CNG trims. "This fiscal we are targeting to sell around 6 lakh CNG units. We ended last year with sales of around 4.77 lakh units," <keyword id="20035105" type="General" weightage="20" keywordseo="maruti-suzuki-india-senior" source="keywords">Maruti Suzuki India Senior</keyword> Executive Officer (Marketing and Sales) <keyword id="21102180" type="General" weightage="20" keywordseo="partho-banerjee" source="keywords">Partho Banerjee</keyword> told PTI in an interaction. In the April-August period this fiscal, the auto major has so far sold 2.21 lakh units, he added. The new Swift comes in three variants priced at Rs 8.19 lakh; Rs 8.46 lakh and Rs 9.19 lakh respectively. <keyword id="20068420" type="General" weightage="20" keywordseo="banerjee" source="keywords">Banerjee</keyword> said the S-CNG trims deliver a fuel-efficiency of 32.85 km/kg. "The company pioneered the production of CNG vehicles in India back in 2010. Since then, we have sold over 2 million S-CNG vehicles to date, contributing to a significant reduction of 2 million tonnes of CO2 emissions," he added. The company now offers 14 models with CNG technology, Banerjee said. "Last fiscal year, our CNG sales in the passenger vehicle category witnessed a 46.8 per cent growth, compared to 2022-23 and registered a compound annual growth rate of around 28 per cent since 2010," he noted.

Maruti Suzuki targets to sell 6 lakh CNG units this fiscal: Official

New Delhi: <keyword id="20081557" type="General" weightage="20" keywordseo="auto-industry" source="keywords">Auto industry</keyword> players are eyeing robust performance in the ongoing festive period to lift overall consumer sentiment and set the tone for the rest of the year amid slowing demand. The festive season usually commences with Onam and ends with Diwali every year. <keyword id="20034542" type="General" weightage="100" keywordseo="Kia-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Kia India" meta.hostid="153" meta.entityid="Kia India">Kia India</keyword> National Head of Sales and Marketing Hardeep Singh Brar told PTI that the last 3-4 months were not good for the industry as sales declined compared to the same period last year. "With pent-up demand of the last few months there and government investment starting to flow in, we feel things should start improving from here onwards," he noted. Brar said the booking momentum in September was good, which is a strong indication for October. "And this time, all festivals are in October..we expect about 5-10 per cent sales growth during the period as compared to last year," he added. Brar said that in the January-April period, the passenger vehicle industry witnessed a growth of 7 per cent, but in May-September, there was a dip of about 2-3 per cent, leading to the buildup of inventory. <keyword id="20505895" type="General" weightage="20" keywordseo="Nissan-Motor" source="keywords" meta.keywordsubtype="org" meta.entityname="Nissan Motor" meta.hostid="153" meta.entityid="Nissan Motor">Nissan Motor</keyword> India Managing Director Saurabh Vatsa said the entire industry is looking at the festive season to bring some cheer after witnessing tough three months. "I think it has been a challenging period. The festive period will define the quarter, and the third quarter will define what happens in the remaining part of the year," he said. Everybody is looking forward to the festive seasons, especially from the industry, he added. <keyword id="19967765" type="General" weightage="20" keywordseo="Toyota-Kirloskar-Motor" source="keywords" meta.keywordsubtype="org" meta.entityname="Toyota Kirloskar Motor" meta.hostid="153" meta.entityid="Toyota Kirloskar Motor">Toyota Kirloskar Motor</keyword> Vice President, Sales-Service-Used Car Business, Sabari Manohar said the company is witnessing enhanced footfalls and enquiries. "Key to meeting this rising demand has been our strategic operational improvements, such as the introduction of a third shift. This has significantly optimised our supply chain, particularly for high-demand models like the Urban Cruiser HyRyder, where waiting periods have been reduced," he said. Additionally, there is a clear shift in sentiment, with an increasing embrace of eco-friendly technologies, not only in urban areas but also in Tier II and Tier III markets, Manohar said. <keyword id="19909974" type="General" weightage="20" keywordseo="Maruti-Suzuki" source="keywords" meta.keywordsubtype="org" meta.entityname="Maruti Suzuki" meta.hostid="153" meta.entityid="Maruti Suzuki">Maruti Suzuki</keyword> India Senior Executive Officer (Marketing and Sales) Partho Banerjee said the company is trying to increase its sales by bringing in some limited edition models. He noted that during Ganesh Chaturthi and Janmashtami, the company witnessed good traction in sales and has been able to generate volumes as per the business requirements. <keyword id="19906967" type="General" weightage="20" keywordseo="Tata-Motors" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Motors" meta.hostid="153" meta.entityid="Tata Motors">Tata Motors</keyword> Passenger Vehicles MD Shailesh Chandra said in its monthly sales statement that registrations have picked up pace towards the end of the month (September), which augurs well for the festive period ahead. "We remain focused on driving up consumer preference for our exciting range of vehicles while maintaining the health of our dealer network," he added.

Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment

<keyword id="19994372" type="General" weightage="20" keywordseo="maruti-suzuki-india-limited" source="keywords">Maruti Suzuki India Limited</keyword> (MSIL) has introduced a new variant of its popular hatchback, the <keyword id="23141056" type="General" weightage="20" keywordseo="epic-new-swift" source="Orion">Epic New Swift</keyword>, offering an S-CNG model that promises to set a new benchmark in fuel efficiency. With a claimed mileage of 32.85 km per kg, this variant promises to be the most fuel-efficient premium hatchback in its segment, according to the automaker. <h2><keyword id="19909974" type="General" weightage="100" keywordseo="maruti-suzuki" source="keywords">Maruti Suzuki</keyword>'s Epic New <keyword id="23141055" type="General" weightage="20" keywordseo="swift-s-cng" source="keywords">Swift S-CNG</keyword> launched</h2>The launch of the Swift S-CNG marks another step in Maruti Suzuki's commitment to providing greener mobility solutions. As the demand for eco-friendly vehicles continues to rise, the automaker has expanded its Swift S-CNG lineup to three variants: V, V(O), and Z, offering customers more choices. Each variant comes equipped with a 5-speed manual transmission, and their ex-showroom prices are set at Rs 819,500, Rs 846,500, and Rs 919,500, respectively. Maruti Suzuki has been at the forefront of the CNG vehicle segment in India since 2010. Over the years, it has sold more than 2 million S-CNG vehicles, making it a leader in the industry. Partho Banerjee, Senior Executive Officer of Marketing and Sales at Maruti Suzuki India Limited, talked about the company’s achievements and said, “Our S-CNG technology has democratized green mobility solutions, and we are proud to offer the widest range of 14 S-CNG powered vehicles across all body styles.” The automaker’s CNG vehicle sales have witnessed significant growth, with a 46.8% increase in the passenger vehicle category during the 2023-24 financial year compared to the previous year. Additionally, since 2010, Maruti Suzuki has maintained a compound annual growth rate (CAGR) of around 28% in its CNG sales, underlining the strong demand for eco-friendly vehicles in India. <h2>Swift S-CNG features </h2> The new Swift S-CNG not only promises to offer best-in-segment fuel efficiency but also packs a range of features designed to enhance the driving experience. It comes equipped with six airbags for enhanced safety, automatic climate control, a rear AC vent, and a wireless charger. The vehicle also boasts a 17.78 cm (7-inch) Smart Play Pro infotainment system with <keyword id="20518583" type="General" weightage="20" keywordseo="suzuki-connect" source="keywords">Suzuki Connect</keyword>, offering a connected and feature-rich driving experience. Maruti Suzuki also offers the Swift S-CNG through its subscription program, Maruti Suzuki Subscribe, at a monthly fee starting from Rs 21,628. This option provides a hassle-free way to drive a new car without the need for outright ownership. The subscription fee covers the cost of registration, service and maintenance, insurance, and roadside assistance, allowing customers to enjoy the benefits of driving a new car with minimal worries. (With ANI inputs)

Maruti Suzuki's Epic New Swift S-CNG launched, price starts from Rs 8,19,500

The low Earth orbit (<keyword id="91911" type="General" weightage="80" keywordseo="leo" source="Orion">LEO</keyword>) satellite communications company <keyword id="2686914" type="General" weightage="100" keywordseo="oneweb" source="Orion">OneWeb</keyword> on Thursday announced a six-year agreement with <keyword id="340671" type="General" weightage="80" keywordseo="hughes" source="Orion">Hughes</keyword> Network Systems to provide LEO connectivity services across India. Hughes is an innovator in satellite and multi-transport technologies and networks and part of Hughes Communications India (HCIPL), a joint venture between Hughes and <keyword id="6354287" type="General" weightage="20" keywordseo="bharti-airtel" source="Orion">Bharti Airtel</keyword>. As part of the agreement, OneWeb will connect towns, villages, and local and regional municipalities in hardest-to-reach areas, playing a critical role in bridging the digital divide. OneWeb will also invest in setting up enabling infrastructure such as Gateways and point of presence in India to light up the services, the company said in a statement. "This announcement marks a turning point for <keyword id="1929810" type="General" weightage="20" keywordseo="digital-india" source="Orion">Digital India</keyword>. Enterprise and government customers, including telecom service providers, banks, factories, schools, defense organisations, domestic airlines, and offshore vessel operators, are eagerly anticipating the arrival of new high performing satcom services," Partho Banerjee, president and managing director, HCIPL, said in the statement. Service offerings under this agreement are subject to all appropriate regulatory approvals and licenses, the companies said. "OneWeb's constellation will cover the length and breadth of India, from Ladakh to Kanyakumari and from Gujarat to the Northeast and bring secure solutions to enterprises, governments, telcos, airline companies and maritime customers," said Neil Masterson, CEO, OneWeb. OneWeb's most recent satellite launch on 27 December 2021 brought its total in-orbit satellites to 394, over 60 per cent of the planned 648 LEO satellite fleet. It plans to commence global service by the end of 2022 as demand continues from telecommunications providers, aviation and maritime markets, ISPs, and governments worldwide for its low-latency, high-speed connectivity services. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/airtel-and-hughes-form-joint-venture-will-offer-satellite-broadband-service-in-india/articleshow/88705316.cms">Airtel and Hughes form joint venture, will offer satellite broadband service in India</a> <a href="https://www.businessinsider.in/business/telecom/news/government-owning-vodafone-idea-is-just-half-the-task-the-other-half-is-to-find-the-money/articleshow/88836355.cms">Government owning Vodafone Idea is just half the task – the other half is to find the money</a> <a href="https://www.businessinsider.in/business/telecom/news/elon-musks-starlink-faces-its-first-setback-in-india-even-before-launch/articleshow/88702976.cms">Elon Musk’s Starlink faces its first setback in India even before launch</a>

Airtel's OneWeb and Hughes team up to bring satellite internet connectivity to India

<ul><li><keyword id="15491" type="General" weightage="100" keywordseo="airtel" source="Orion">Airtel</keyword> has formed a joint venture with <keyword id="340671" type="General" weightage="80" keywordseo="hughes" source="Orion">Hughes</keyword> Communications India Pvt Ltd.</li><li>The entity will offer broadband satellite service in the country.</li><li>Hughes holds 67% stake and Airtel holds 33% stake in the entity.</li></ul>Indian telecom provider Airtel has entered into a joint venture (JV) with Hughes Communications India Pvt Ltd (HCIPL), a provider of broadband satellite networks and services to offer <keyword id="745397" type="General" weightage="20" keywordseo="satellite-broadband" source="Orion">satellite broadband</keyword> services in India. Hughes will hold a 67% stake in the JV and Sunil Mittal-led Airtel will hold a 33% stake. The entity will be known as HCIPL and will combine the Very Small Aperture Terminal (VSAT) business of both the companies, allowing them to offer scalable enterprise networking solutions. <cmsannotation type="cmsannotation" annotationid="What is a VSAT terminal?" comment="subhead" text="What is a VSAT terminal?">What is a VSAT terminal?</cmsannotation> A VSAT terminal is a two-way satellite ground station that is used to transmit and receive data. It is used to provide satellite-based internet and telecom access to individuals and enterprise customers. “We are pleased to commence this joint venture, further delivering on our commitment to serving the growing demand for always-on, always-available network connectivity for enterprise and government customers,” said Partho Banerjee, president, and managing director, HCIPL. The agreement was announced in May 2019 and has finally received statutory approvals, including an approval from the National Company Law Tribunal and the Department of Telecom. The JV has a combined base of over 2 lakh VSATs, making it the largest satellite service operator in the country. This comes at a time when Starlink, Elon Musk’s satellite internet service has received its first <a href="https://www.businessinsider.in/business/telecom/news/elon-musks-starlink-faces-its-first-setback-in-india-even-before-launch/articleshow/88702976.cms">setback</a> in the country after its country director and chairman of the board, Sanjay Bhargava, stepped down citing personal reasons. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/elon-musks-starlink-faces-its-first-setback-in-india-even-before-launch/articleshow/88702976.cms">Elon Musk’s Starlink faces its first setback in India even before launch</a> <a href="https://www.businessinsider.in/science/space/news/scientists-piggybacking-on-starlink-satellites-to-break-free-from-gps-dependence/articleshow/86607657.cms">Scientists are piggybacking on internet satellites to break free from GPS dependence</a> <a href="https://www.businessinsider.in/business/telecom/news/ussd-mobile-banking-charges-trai-vs-airtel-vodafone-idea/articleshow/88249773.cms">TRAI’s push to make mobile banking services via USSD free faces stiff opposition from Airtel, Vodafone Idea</a>

Airtel and Hughes form joint venture, will offer satellite broadband service in India

Hundred exclusive <keyword id="6382518" type="UNKNOWN" weightage="100" keywordseo="NEXA">NEXA</keyword> showrooms would be launched soon across the country this financial year, said a senior official. 
 
"NEXA provides a new experience of hospitality from <a href="http://www.businessinsider.in/Maruti-Suzukis-June-Sales-Beat-Estimates-Register-33-Growth/articleshow/37623697.cms">Maruti Suzuki</a>. Currently, we have 35 NEXA Premium showrooms operational in different cities and the numbers are expected to go beyond 100 outlets by the end of this financial year," senior Vice President (New channel) Marketing &amp; Sales <a href="http://www.businessinsider.in/This-is-Indias-numero-uno-carmaker/articleshow/46986238.cms">Maruti Suzuki</a> Partho Banerjee said at the launch of MSIL's premium crossover vehicle S-Cross. 
 
NEXA, Maruti's new premium sales channel, would go beyond selling premium <a href="http://www.businessinsider.in/This-is-one-of-Indias-most-sold-cars/articleshow/47201719.cms">cars</a> in a bid to transform the <a href="http://www.businessinsider.in/Now-you-are-more-likely-to-see-a-Maruti-car-in-Indias-villages-Know-why/articleshow/46821097.cms">company</a> from "budget car manufacturers" to a crucial player in the premium car market in India, 
 <keyword id="6354925" type="COMPANY" weightage="100" keywordseo="Kolkata">Kolkata</keyword> has one NEXA showroom at Chetla while another will come up at Park Street this month end, he said. 
 
Incidentally, the company has recruited around 1100 "relationship managers" who would manage these NEXA showrooms. 
 
"All you would need to do is contact just one of them for all your needs and problems.MSIL promises high-level pampering of the customers with the new digital experience," Banerjee said. 
 
S-Cross is the first car to be sold under NEXA. Several new models would likely be added to both channels as part of the Company's medium term goal of 2 million annual sales by 2020. 
 

	 
	(Image credits: Indiatimes)

Maruti to launch 100 exclusive NEXA showrooms in FY16

The undisputed champion in small-car market, <keyword id="6365618" type="CITY" weightage="20" keywordseo="Maruti-Suzuki-India">Maruti Suzuki India</keyword>, is leaving no stone unturned to pierce mid-size and premium vehicles segment. For this, it is putting a new independent management structure and dealership in place to sell bigger cars, price between Rs 9 lakh and 10 lakh or above. 
 The mid-size segment is currently dominated by Japanese rivals <keyword id="20630" type="CITY" weightage="20" keywordseo="Honda">Honda</keyword> Motor and <keyword id="6374528" type="CITY" weightage="20" keywordseo="Toyota">Toyota</keyword> Motor and Maruti, which makes one in every two cars sold in India, is making more concerted efforts to enter the segment. 
 
Even though the company made many attempts in the past, it could not achieve much success. Maruti’s newest offering in the mid-size range, Ciaz, saw decent demand but it had to discontinue selling the Kizashi, a premium sedan it brought to India a few years ago, as it found very few buyers. 
 
As per reports by the Economic Times, merely 1-3% of Maruti's vehicle sales currently come from vehicles priced above Rs 10 lakh. 
Now, a fresh team, internally named NEXA, will aim at offering a different experience to customers. 
 
Partho Banerjee, Maruti's new Vice President for sales and dealer network, will head NEXA who will be supported by two zonal heads and eight regional heads. 
 
"Every year, our company reflects on the roadmap it intends to take. This new structure was decided last week by the company," a Maruti executive told ET. 
 
He added that just like Toyota has Lexus and Nissan has Infiniti as their luxury brands, Maruti Suzuki would have NEXA as its premium brand for vehicles priced above Rs 10 lakh. 
 
However, a Maruti spokesman declined to comment on "an internal company matter" but as per people once the new channel comes in, existing dealerships will not be able to sell cars which are priced above Rs 10 lakh. 
 
However, the present dealers have been given an option to open new NEXA outlets and Maruti is mulling to have at least 100 such outlets in the first 12-18 months, before expanding into the interiors of the country. Maruti presently has around 1,500 outlets. 
 
Meanwhile, the new outlets are likely to sell the upcoming crossover, globally called the S Cross, as well as 7-seater multipurpose and sport-utility vehicles Maruti plans to launch post-2018, people in the know told the financial daily. 
 
It is likely that Maruti may bring back Kizashi. 
 
"The company is likely to test the waters with the S Cross ... there are other models in the pipeline, which could be sold through these outlets, but they will depend on how the premium outlet model evolves," said one of people in the know. 
 
Gaurav Vangaal, senior analyst at IHS Automotive, said the move pointed at Maruti and Japanese parent Suzuki Motor’s aspiration to move towards the premium segment. 
 
"This is a bold move on part of Maruti Suzuki to transition to a higher level. The initial response to the Ciaz shows that there are takers for Maruti Suzuki in Rs 10 lakh range ...Having said that, it will be a challenging task for Maruti Suzuki to sustain this imagery over Rs 10 lakh,” he told ET. 
 
Another person who closely tracks the company said Maruti and its dealers may invest in personnel and training and the dealerships may have to hire executives from the hospitality or aviation industry for the NEXA outlets, to give different experience to customers. 
 
(Image: Reuters)

Maruti has set up ‘crack teams’ to drive out rivals Honda and Toyota from the Indian mid-size car segment

Maruti is in an image revamp mode. India’s largest car maker in terms of volumes have been a trusted name when it came to sub 5 lakh cars in Indian roads. People willing to buy premium cars were earlier shying away from Maruti and were more invited by Honda, Hyundai and Toyota, thanks to their premium offering. 
 
But things are changing for better for this Indian automaker. 
 
The elites with shining wallet willing to pay for a premium car from Maruti would no more need to wait for their turns at showrooms jostling with Alto buyers as Maruti Suzuki is launching high end showrooms to market cars with a price tag above Rs 8 lakh. 
 
The NEXA-branded showrooms, which will start operating from Phoenix Mills in Mumbai, Brigade Road of Bengaluru and Hyderabad's Jubilee Hills would not sell Alto , WagonR and would only concentrate on premium cars. 
 
In a news report by The Economic Times, the upcoming premium crossover, S Cross, will be the first model to be sold through the NEXA outlets - the vehicle's launch is expected within a month. The company has already formed a new organizational structure in place led by Partho Banerjee and his team. The company will have over 100 new outlets under NEXA brand by the end of this fiscal year, a feat which has taken more than 3-4 years for its MNC rivals. 
 
The vehicles sold through NEXA outlets will carry a Suzuki logo, but won’t carry a Maruti Suzuki nameplate. 
 
It hired more than 700 sales staff with experience in the hospitality and aviation sectors - people who are trained in the nuances of dealing with wealthy customers. They have their soft skills honed further by global experts like Dale Carnegie. The designing for the showrooms is done by Hakuhodo, the Japanese agency that has worked on Nissan's Infiniti showrooms in the US, the ET report confirms. 
 
In May, ET had reported about Maruti's plans to have a separate NEXA channel to sell premium vehicles. 
 
R S Kalsi, executive director, sales and marketing at Maruti Suzuki told ET, with an eye on achieving 2 million sales by end of 2020, the company is embarking on a new phase with NEXA. Kalsi says, in the first phase (1983 to 1993) of Maruti's presence, the company offered new products to the starved Indian buyers, between 1993 to 2003, focus moved towards offering complete solution of finance, insurance, accessories, buy back along with the car, with NEXA Maruti wants to take the buying experience to the whole new level 
 
"The new channel is aimed at offering a very personalised experience of today's evolved buyers and we think S Cross is an ideal product to offer NEXA experience," added Kalsi. 
 
At launch, Maruti will have 30 NEXA outlets ready, thus covering over 65 per cent of premium end of the market. 
 
Maruti intends to offer pick and drop facility from the customer's doorstep for a NEXA visit, something common in the luxury-car market. While the company is beginning with the S Cross, it may eventually add the Ciaz sedan and premium hatchback YRA to the sales channel. 
 
Pradeep Saxena, ED at market research firm TNS Automotive told the financial daily, a separate channel will help Maruti Suzuki as the prospective buyers will be different and they will require a different kind of experience. He thinks the concept can work, people expect more attention and they will get more attention. 
"We all know Maruti because of its distribution strength, through premium channel, you are forcing people to come to a specific shop. So there could be trade off between offering better treatment and in-convenience of traveling longer. So Maruti Suzuki will have to deal with it," said Saxena, while talking to the financial daily. 
 
(Image : Reuters)

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