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Suzuki Motorcycle India Ltd., a subsidiary of one of the world’s leading two-wheeler manufacturer Suzuki Motor Corporation, registered an 19% increase in their March 2014 sales figures as compared to March 2013.
Suzuki Motorcycle sold 30,594 units in March 2014 as opposed to 25,717 units in March 2013, recording a strong growth in its overall sales. Suzuki Motorcycles has maintained a consistent growth path over the last couple of years.
Speaking on this strong growth pattern, Mr. Atul Gupta, Executive Vice President, SMIL, said “We have received a good response from the market for all our products. The growing customer satisfaction has led to positive word-of-mouth in the market. Building on the existing goodwill in the market, we expect that the 4 products launched at the Auto Expo – Gixxer, Let’s, V Strom and Inazuma will also show good performance in the upcoming fiscal. We will continue to give the best to our customers.”
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.