Maruti Suzuki to limit exports to last year's level
Chennai, Jul 20: India's largest automaker Maruti Suzuki will limit exports to the last year's level due to capacity constraints, a top official of the carmaker has said.
"We are not competing in exports (with other carmakers) ... we are short of capacity. This year exports will not go beyond last year", Maruti Suzuki Chairman R C Bhargava said.
Maruti Suzuki exported 1.47 lakh units in 2008-09, the highest ever export figures, with the compact car A-star alone clocking over 1.27 lakh units.
'A-star' was exported to European countries, including the UK, France, Germany, Italy and the Netherlands. Major non-European export markets for the car include Algeria, Chile, Indonesia and neighbouring countries.
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