"Maruti Suzuki plans to expand the number of Nexa outlets to 250 by end of FY 2016-17. With regard to long term plan, by 2020 we are planning around 400 Nexa outlets," (MSI Executive Director (Marketing & Sales) R S Kalsi told reporters here.
Maruti Suzuki India today inaugurated its 200th Nexa showroom here.
Nexa, the premium retail chain of MSI, is now present in 121 cities and has already sold over 1,85,000 vehicles since its inception in July 2015.
At present, the cars sold through Nexa are: premium cross-over S-Cross; premium hatchback Baleno and premium urban compact IGNIS.
"The new Baleno RS model would be introduced through the Nexa channel within this fiscal year," Kalsi said.
By March 2017, when Nexa completes 20 months of its launch, it expects to sell 2,00,000 units.
To a query on note-ban, he said, "Demonetisation phase is over for us. That is behind us.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
