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Maruti Suzuki plans to double Nexa outlets by 2020

Fuelled By Growing Demand, The Country’s Largest Carmaker Maruti Suzuki India (MSI) Plans To Double The Number Of Nexa Outlets To 400 By 2020.

PTI | Updated on: 30 Jan 2017, 10:17:15 PM
Baleno

Hyderabad:

Fuelled by growing demand, the country’s largest carmaker Maruti Suzuki India (MSI) plans to double the number of Nexa outlets to 400 by 2020.

“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.

Maruti Suzuki India on Monday inaugurated its 200th Nexa showroom.

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.

“Nexa has been fastest rising retail network anywhere in the world. We will continue this momentum... We are focused on network and product expansion,” Kalsi said.

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.” 

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First Published : 30 Jan 2017, 10:12:00 PM

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