MSI gathers pace in LCV segment; Super Carry sales jump 10-fold

Press Trust of India  |  New Delhi 

Maruti (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its mini-registering over ten-fold jump in sales in 2017-18.

The company, which launched in September 2016, sold 10,033 units of the model in the fiscal ended March 31, 2018, as against just 900 units in 2016-17.

MSI had taken a slow and steady approach in terms of expanding in the 700 kg payload segment, where it competes with Tata Ace, M&M Supro and Porter.

Starting LCV sales in 2016 in select cities, the company has expanded across the country to over 190 sales outlets at the end of March 2018, a of MSI said.

"This pan spread of sales network in 159 cities, combined with excellent product response helped us sell an average of over 1,000 units a month in the past 6 months," the said, adding that positive feedback from customers also helped in higher volumes of sales.

In the beginning of this year, was available in 162 new commercial outlets in 140 cities in 25 states.

When the vehicle was launched in 2016, MSI had started with three cities -- Ahmedabad, and

Earlier this year, the company said it planned to be present across at all potential locations with an aim to be a significant in future.

MSI, however, has a long way to catch up with Tata Motors, which sold 14,286 units of ACE range of trucks in March alone.

In contrast, MSI sold 1,412 units of the in the same month.

Apart from selling the in India, the company also exports the vehicle to select African nations such as and

Launching of LCV in was part of MSI's original agreement with parent in 1982 but it was shelved due to poor response from the market at that time.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, April 08 2018. 10:15 IST