Japanese giants like Maruti Suzuki and Toyota are pushing for tax cuts on hybrids, arguing that electric vehicles (EVs) alone can't carry the emissions reduction load
R C Bhargava talks on the battle between electric and other alternative technologies to reduce carbon emissions
From employees to suppliers and dealers, Maruti Suzuki champions a culture of collaboration, RC Bhargava said at BS Manthan
R C Bhargava tells that we support any scheme of the government that encourages new investment and new technology to come into the country, and that is what we hope will happen
Mahindra & Mahindra, Hyundai, Tata Motors, Toyota Kirloskar and Kia are major players in the diesel car market. Maruti stopped producing diesel-run cars in the financial year 2019-20
India has raised the stature of G20, giving it a certain recognition of its ability to influence people in the world and the forum will be inspired in future by what has been done in the country during its presidency, Maruti Suzuki India Chairman R C Bhargava said on Tuesday. No other nation has taken the opportunity like India did to showcase its development, raise the profile of the country and also to use the G20 platform to make a lot of changes, and improvements in attitudinal differences in different parts of the country under the leadership of Prime Minister Narendra Modi, Bhargava told PTI. At a time when the world is facing a number of problems both economically and politically such as the Ukraine-Russia war, inflation, global warming and carbon footprint being everybody's concern, India has taken the lead in trying to move the countries of the world towards recognising how they can deal with these problems, he added. "On all these issues, India has taken a considerable lea
Company chairman Bhargava defends decision to issue equity shares on preferential basis to parent Suzuki Motor Corporation
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Bhargava adds that the cost of regulatory compliance (like implementing BS 6 n norms )-especially on smaller and cheaper cars has been going up
Car-industry growth in India has slowed to 3% from 12% in the past twelve years, partly due to poor government policies, Bhargava said
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Maruti Suzuki chairman R C Bhargava says that each year the company, based on workers' suggestions, has saved around Rs 300 crore in costs
The Congress and the united Opposition need to show economic leadership. They have described the symptoms of the economic crisis but failed to create a narrative that goes beyond it
The country's largest carmaker Maruti Suzuki India will not "walk away" and fight to get back to 50 per cent market share in the domestic passenger vehicle segment, according to company Chairman R C Bhargava. The auto major, which is commemorating 40 years of operations, has seen its market share drop to 43.38 per cent in FY22 from a peak of 51.21 per cent in FY19. In order to get back its dominant leadership, the company plans to drive in models catering to both urban and smaller cities and rural areas. In 2018-19, domestic passenger vehicle sales were at 33,77,436 units, which dropped to 30,69,499 units in 2021-22. Maruti Suzuki India achieved its highest-ever annual sales of 17,29,826 units in 2018-19, cornering a market share of 51.21 per cent. It declined to 43.38 per cent at 13,31,558 units in 2021-22. "We will fight to get back to our 50 per cent market share. How much we succeed only time will tell but we certainly don't intend to walk away and say no we don't want to figh
From what started out as an "accident" doomed to fail to becoming a dominant force in the automotive industry, helping the country to become the fourth largest automobile market in the world, the success of Maruti Suzuki India needs to be replicated in other industries, according to its Chairman R C Bhargava. As the company gears up to celebrate 40 years of operations, Bhargava said Maruti Suzuki India has played a significant role in the development of the country's automotive industry, supply chain of components and allied sectors which are now playing a major role in the global markets. In an interview with PTI, he said India is generally ranked low globally when it comes to the overall manufacturing sector, but in automobiles the country is the fourth largest car manufacturer in the world. Also, the components industry last year exported USD 19 billion worth of items. "So, some of these things have to be viewed in the context of what we added to that thing," he asserted, adding
Foreign investment will come readily if the supply chain already exists, says Maruti Suzuki chairman
CNG, ethanol, bio gas could offer cheaper alternatives to EVs in the market for small cars
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'Compliance with the central motor vehicle rules will suffice,' he clarified
India's shift to electric vehicles is also much slower than other major markets like China and the US even though PM has committed to making India a net-zero carbon-emitting nation by 2070