Companies

Suzuki Motorcycle crosses 40 lakh production-mark at Gurgaon plant

PTI New Delhi | Updated on December 05, 2018 Published on December 05, 2018

Suzuki Motorcycle India on Wednesday said it has crossed cumulative production milestone of 40 lakh two wheelers from its Gurgaon-based plant.

The production milestone paves the way for the company’s target of achieving 10 lakh volume sales and doubling its market share in the country by 2020. “This is a testimony of our commitment to India and we wish to achieve many such milestones in the future,” Suzuki Motorcycle India Pvt Ltd (SMIPL) Managing Director Satoshi Uchida said in a statement.

With this landmark, the company is a step closer to achieving its sales target of 7.5 lakh units by the end of the current financial year, he added. The company, which is a subsidiary of Japan’s Suzuki Motor Corporation, currently sells a range of 16 products in India. In November, the company reported an increase of 24.19 per cent rise in sales at 53,058 units as compared with 42,722 units in November 2017.

Published on December 05, 2018

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor