Get App
Download App Scanner
Scan to Download
Advertisement

Maruti Suzuki Eyes 9 Lakh CNG Sales This Fiscal Amid Fuel Price Hikes

The demand for CNG vehicles is no longer restricted to small cars and vans, but it has also seen a rise even in the company's SUVs.

Maruti Suzuki Eyes 9 Lakh CNG Sales This Fiscal Amid Fuel Price Hikes
Maruti Suzuki India currently sells 15 CNG models, including light commercial vehicles, in the domestic market.
Photo Source: NDTV Profit
  • Maruti Suzuki targets around 9 lakh CNG vehicle sales in the current fiscal year
  • CNG vehicle sales grew 58% in Q1 compared to the same period last year
  • Demand for CNG vehicles has risen due to fuel price hikes after the West Asia war

Car maker leader Maruti Suzuki India is aiming to sell around 9 lakh CNG vehicles, a nearly 30 per cent increase in the ongoing fiscal, with demand for such automobiles rising in the wake of the West Asia war, according to a senior company official.

The demand for CNG vehicles is no longer restricted to small cars and vans, but it has also seen a rise even in the company's SUVs, Maruti Suzuki India Ltd (MSIL) Senior Executive Officer, Marketing & Sales, Partho Banerjee told PTI.

"In the first quarter of this fiscal, we have sold 2.2 lakh units of CNG vehicles across models, which is a growth of 58 per cent over the same quarter last year," he said when asked about the traction of CNG vehicles currently in the market.

Banerjee said due to the fuel price hike after the West Asia war, demand for CNG vehicles has shot up.

Asked what the target for CNG vehicle sales this fiscal is, he said, considering how CNG vehicle sales have grown in the first quarter, for the full year we are targeting around 9 lakh units.

Maruti Suzuki India currently sells 15 CNG models, including light commercial vehicles, in the domestic market. In fiscal 2025-26, it sold more than 7 lakh units of CNG vehicles.

The demand for CNG vehicles is no longer restricted to small cars, vans, and the utility vehicle Ertiga. There is also a strong demand for CNG in SUVs as well, he noted.

"In case of our SUV Victorisv more than 50 per cent of sales are coming from the variant with 'underbody CNG' (tank)," Banerjee said, adding that considering that trend, the company has also introduced the same 'underbody CNG' in the newly launched fresh version of compact SUV Brezza.

The company has equipped the new 'Brezza S-CNG' with the idle start-stop technology along with the new 6-speed manual transmission to deliver better fuel efficiency of 26.9 km/kg.

Last month, the company had a 42 per cent contribution from CNG vehicles to its total sales.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com