Maruti Suzuki: There is no reason to believe why the small car segment is not going to revive. It is only a matter of time. Demand for the small car will revive once the affordability part improves, the company said.
Maruti Suzuki s RC Bhargava expects small car market revival in two years post two-wheeler recovery, with EV production planned for European exports. Bhargava further says: "Maruti has avoided trying to give any kind of guidance on margins or profitability or any such thing. All I can say is that I am optimistic. The conditions in India are going to be favourable"