- Of the company’s 15 brands, the CNG option is currently available in just seven models.
- The company is now preparing to bring a CNG variant of the recently introduced new Celerio.
- There are currently 3300 CNG stations in the country, their number is expected to increase to 8700 in the next 1.5 years.
New Delhi. The country’s largest passenger car maker Maruti Suzuki India (Maruti Suzuki India) plans to introduce more CNG models in its product range. Maruti Suzuki India (MSI) has drawn up this plan in view of the prospects for increased demand for CNG vehicles amid rising fuel prices and declining diesel car sales. It will include more CNG vehicles in its entire product range. Maruti has sold around 1.62 lakh of CNG cars in the last financial year. The company is also counting on the rapid expansion of CNG distribution points across the country to bring in more CNG products.
Encouraged by the expansion of its sales network, the automaker expects its CNG car sales to nearly double in this 2021-22 fiscal year. Shashank Srivastava, Senior Executive Director (Sales and Marketing), MSI said that in 2021-22, we expect to sell around three lakh of CNG units. This is when many of our models do not have the CNG option as of now. Of the 15 brands we sell, the CNG option is available in just seven models. We are also trying to bring the CNG option in other vehicles. Currently, the company leads the CNG sector in the national market with a market share of more than 85 percent.
In the last financial year, a total of 1.9 lakhs of CNG vehicles were sold nationwide, of which Maruti only sold 1.6 lakhs of vehicles. Srivastava said that with the expansion in the product range, its CNG sales will also increase in the coming years.
Maruti Suzuki India currently offers CNG versions in Alto, S-Presso, Wagon-R, Eeco, TourS, Ertiga and Super Carry. The company is now preparing to bring a CNG variant of its newly introduced Celerio. CNG stations are also expanding in the country, which is increasing the demand for CNG vehicles. There are currently 3,300 CNG stations in the country and their number is expected to increase to 8,700 in the next 1.5 years.
Maruti sold 74,000 CNG vehicles in 2016-17, followed by around one lakh of vehicles in 2018-19. The company sold 1.05 lakh vehicles in 2019-20 and 1.62 lakh CNG vehicles in 2020-21. The entire Maruti Suzuki model range is currently powered by BS-VI compliant one-liter, 1.2-liter and 1.5-liter petrol engines.
maruti suzuki obtains authorization to establish a new plant in sonipat
Haryana Chief Minister Manohar Lal Khattar said on Saturday that automaker Maruti Suzuki received approval to establish a new plant on more than 900 acres of land in the Kharkhoda area of Sonipat. Khattar gave this information while chairing the Haryana Business Promotion Center meeting here. In an official statement here, Khattar said: “Approval has been given to establish a new Maruti plant on approximately 900 acres of land in the Kharkhoda area of Sonepat.” The Chief Minister said ongoing talks with Maruti to install the plant on approximately 900 acres of land in Kharkhoda ended on Saturday.
Read also: Nitin Gadkari made a big announcement regarding electric and gasoline, diesel vehicles.
Read also: After reducing the excise duty, the government increased the price of this thing mixed with gasoline.
Read also: Gasoline sales fell 50 percent in Delhi …
Read also: PharmEasy will also be listed on the stock market, API Holdings has submitted documents for an initial public offering of Rs 6,250 crore