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Maruti Suzuki faces market pressure but hopeful of double-digit growth

Jul 07, 2015    

New Delhi: Car market leader Maruti Suzuki India is confident of posting a double-digit growth this fiscal despite high interest rates and customers staying away from buying new vehicles in rainy season affecting demand. "We now find there is some pressure in the market as people are little apprehensive buying cars during the rainy period... Also interest rates are not coming down," Maruti Suzuki India executive director RS Kalsi told PTI in New Delhi. He, however, added "even then, we are committed for a double-digit growth in the year and we are working in that direction"...

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