Maruti Suzuki’s CNG Ambitions: 1 Million Sales Target & New Automatics

Maruti Suzuki aims for 1 million CNG sales by FY27, leveraging its market dominance and new automatic S-CNG models targeting tech-savvy customers. High crude prices boost eco-friendly car adoption.

Driving the Shift to Eco-Friendly Mobility

“I have gotten now a capacity limitation on the overall CNG vehicles … I am playing with the CNG cars by assigning it based upon my waiting periods,” Banerjee stated, adding that as manufacturing capability – currently at 18,000 systems a month – is ramped up, the company expects to unlock greater volumes.

Responding to a question whether high crude rates, hovering at $100 per barrel, will help amplify the adoption of eco-friendly automobiles, he said: “Yes, no question regarding it. We are aiming for near to practically 1 million sales (FY27).”Maruti Suzuki is banking on its dominant setting in the CNG segment to scale up towards the 1 million mark, with the firm presently selling close to 80,000 CNG automobiles a month, he said.

New Automatic S-CNG Models for Modern Buyers

Asked if the new launches can press CNG infiltration to 50 per cent of the eco-friendly profile, Banerjee stated, “If we get the supplies, we are very hopeful … allow’s maintain our fingers crossed” on whether this is achieved within the existing financial.

Ambitious Sales Targets Fueled by Innovation

The new Swift, Dzire and Baleno automated S-CNG launches target specifically the “new-age customers who reject to compromise”, buyers who wanted CNG’s running-cost benefit however would not surrender automatic comfort, he stated.

MSIL, a dominant player in the CNG classification with a 70 per cent market share, was previously anticipating sales of 8 to 9 lakh systems of eco-friendly vehicles this financial. It elevated the estimate with the introduction of brand-new automatic transmission designs, claimed Elder Exec Policeman, Marketing & Business Partho Banerjee.