Getting to double-digit growth by end of FY19 will be very challenging for Maruti: Bhargava

‘This year we did not have any new model launch, so that had an impact (on decline in sales)...also since the year before elections, sales go down.’ ‘Indonesia put some restrictions this year due to budget constraints and sales are down. All this has cut into the overall performance of export sector.’

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Maruti Suzuki chairman R. C. Bhargava says it will be a challenge to clock double-digit growth by the end of FY19, considering the demand trend, which is expected to remain uncertain through 2019. Edited excerpts: November saw a contraction in sales....

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