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MARUTI SMALL CAR FOR EXPORT
MARKET |
Maruti to export small cars to UAE
and South East Asia
July 5, 2007 Maruti Udyog plans
to make a mark, with its small cars,
in its new and existing export
markets.
In new markets, MUL has started
exporting the Alto to the United Arab
Emirates (UAE) and is looking at
countries such as Philippines and
Indonesia. The company has set an
export target of around 2,20,000 units
by 2010.
Pitted against big cars in its
existing export markets, MUL will take
the line that a brand new
fuel-efficient vehicle is better and
more environment-friendly than those
cheap used big cars. The strategy
seems to be working for Maruti Udyog,
with this fiscal's target of 50,000
units from exports currently on track.
The company, which started off in
Saudi Arabia with just 250 cars, now
targets over 6,000 units.
During the last financial year, the
company had exported as many as 2,072
of its Altos to Saudi Arabia.
Similarly, in Morocco where it opened
its account with about 200 units, it
is looking at selling over 2,000
units, said a report. Besides these
nations, Maruti Udyog will see sales
of about 11,000
units in Algeria this fiscal and
around 6,100 units in Chile, it is
expected.
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