Tuesday, 12 January 2021

India’s largest carmaker Maruti Suzuki India (MSIL) has expressed doubt over long-term sustainability once pent-up demand fizzles, leading to uncertainty over the future course of the automobile industry. Having cornered 50 per cent share of India’s car market, MSIL is one of the biggest employers in the country.

Record growth in monthly sales may not be an actual barometer of industry health, given long-term sustenance of this growth remains questionable, cautioned the carmaker.