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Expect good retail sales in festive season: Maruti Suzuki

RC Bhargava, Chairman, Maruti Suzuki says there could be a retail pickup because of the inventory built up in anticipation of good retail sales in this festive season.

August 20, 2015 / 16:57 IST
 
 
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Maruti Suzuki has been one of the best performing companies in the recent past, but RC Bhargava, Chairman of the company believes that consumer demand has risen only a little for automobile industry as a whole. Speaking to CNBC-TV18, he says there could be a demand pickup because of the inventory built up in anticipation of good retail sales in this festive season.“Sales are happening in both areas as far as we are concerned; the rural sales are not any different from what they have been in the past and urban has also shown some pickup,” he says.Watch video for more.

first published: Aug 20, 2015 04:57 pm

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