Maruti flexes its muscles to protect CNG turf

Keen to fill the void left by its decision to pull the plug on diesel vehicles, the carmaker pushes the government to make rules tougher for retrofitters, threatening their survival.

India’s No.1 carmaker is in a tearing hurry to fill a hole. A hole left by the discontinuation of its diesel car business. And, it’s doing it the only way it knows—ramping up sales of its compressed natural gas, or CNG, line of vehicles.

By the looks of it, Maruti Suzuki India Ltd, is well on its way too. In the financial year gone by, it sold over 150,000 CNG-powered cars, a 45% jump over the previous year. It now holds a whopping 80% share of the market. CNG cars accounted for 12% of its sales, as compared to …

Author

T Surendar

Surendar helps lead the newsroom at The Morning Context as executive editor. Over the years, Surendar has worked in industries from pharmaceuticals to diamonds, as well as a stint as an equity analyst. In his long career as a business journalist, he has led teams at The Times of India, India Today and Fortune India. He was part of the founding team at Forbes India and interned at and published in The Times, London.

Executive Editor

surendar@mailtmc.com

Mumbai