Maruti Suzuki - Strategy For Net Zero Emissions Needs To Be India Focused: Motilal Oswal
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Motilal Oswal Report
Maruti Suzuki India Ltd.’s FY21 annual report highlights the initiatives (digitisation, online financing, subscription service, etc.) it took to emerge stronger from the Covid-19 pandemic.
The management has shared its thought process on the path to attaining net zero emissions.
It lays down the strategy to meet Corporate Average Fuel Efficiency-II norms from April 2022. Key highlights from the annual report:
Maruti Suzuki believes that its strategy of moving towards net zero emissions has to be consistent with the economic and infrastructure conditions prevailing in India.
Per capita income at 5% of a large part of the developed market reduces the ability of a large number of people to buy expensive electric Cars.
In FY21, the company launched its car subscription model ‘Maruti Suzuki Subscribe’, which offers easy and flexible car ownership to customers.
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