NEW DELHI : Japanese automobile major Suzuki Motor Corporation (SMC) is looking to sell one million two-wheelers annually in India, a key market under its new mid-term management plan.
The company, which today launched an all-new version of flagship scooter model Suzuki Access 125 priced at Rs 53,887 (ex-showroom Delhi), will be focussing on premium scooters and motorcycles to achieve its target.
“India is one of the most important markets for Suzuki’s two-wheeler business. We are looking to sell one million units annually by 2020,” SMC’s subsidiary Suzuki Motorcycle India Pvt Ltd (SMIPL) outgoing Managing Director Masayoshi Ito told reporters here.
In the ongoing fiscal, the company looks to sell 3.2 lakh units in India as against 3.45 lakh units in the previous fiscal, down 7.24 per cent.
“This decline was mainly because we adjusted production of the Access ahead of the launch of the new version,” he said.
Bullish on the Indian market, Ito, who will take over as global head of Suzuki’s motorcycles business, further said “although the target for 2020 is stiff, we are confident we will be able to do it as the scooter segment is fast growing in India”. (AGENCIES)
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