Maruti to open 250 Nexa outlets by 2016-17

Image
BSMotoring Desk
Last Updated : Jan 18 2016 | 6:57 PM IST

India’s largest automobile manufacturer, Maruti Suzuki India Ltd (MSIL) plans to open 250 Nexa outlets by 2016-17, up from just 100 at present.

Last July, MSIL launched Nexa, its new premium sales channel, creating a new format of retail experience for the customer. The company has been taking new initiatives in all areas of business to attain its medium term goal of two million annual sales by 2020.

On Monday, the company said it would also double its relationship managers at the Nexa outlets to 5,000 by 2016-17. About 150 new outlets would be opened by March 31.

Maruti has sold about 45,000 cars through Nexa over three past six months. These outlets sell only premium Maruti cars including the S-Cross and the Baleno.

According to R.S. Kalsi, executive director, marketing and sales, MSIL expects to increase sales through Nexa to 15 per cent of its total sales by 2020, up from 10 per cent at present. It aims to have 400 Nexa outlets in just four years.

The company also plans to sell its upcoming Ignis crossover and the new Ciaz through Nexa dealerships.

Source : BS Motoring

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 18 2016 | 12:48 AM IST

Next Story