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This is an archive article published on August 20, 2009

Maruti targets to export 1-lakh A-Star this fiscal

The country's largest car maker,Maruti Suzuki India,said it is targeting to export 1 lakh units of its small car A-Star.

The country’s largest car maker,Maruti Suzuki India,said it is targeting to export 1 lakh units of its small car A-Star.

The company is aiming a total of 1.2 lakh units to sell in the overseas market this financial year.

“Out of the total exports,A-Star alone will comprise one lakh units while the rest would be other models,” Maruti Suzuki India Executive Officer (Marketing) Mayank Pareek said.

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The auto maker also expects double-digit growth in April-October period this fiscal.

“So far,our sales have been good and we will attain double-digit growth till October in this fiscal,” he added.

In July,the sales in the top cities have turned around despite the fear of weak monsoon,he said,adding that 44 per cent of its total sales has come from major cities.

“As of now,there is no impact of a weak monsoon on sales as we are selling not only to farmers but to other people also in the rural areas. But in the long term,it will definitely have an impact,” Pareek said.

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The company currently has an inventory level of three weeks and is producing more to meet the upcoming festive demands.

On the company’s diesel-engine plans,Pareek said it will expand the production capacity to 3 lakh units per annum by 2010-11 from the existing 2.4 lakh units.

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