Maruti Suzuki revises FY19 growth forecast to 8%; Dec may see marginal fall

A slowing growth rate at Maruti Suzuki is a worry for the overall industry growth

Maruti Suzuki, which sells every second car in the domestic market, has revised its annual volume growth forecast to 8 per cent. The Suzuki-owned company has been logging a double-digit growth rate for four consecutive years. It had set a growth target in excess of 10 per cent for FY19. 

The country's most valuable automaker has reported a flat growth in volumes for five consecutive months of the year, beginning July. The company's volume has grown by 7.4 per cent in the first eight months of the year to 1.77 million units. December is expected to see a marginal decline as