Who is maruti ceo

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Register Now! Maruti Suzuki Chairman RC Bhargava urges vendors to spend less on senior management lifestyle Bhargava, in his capacity as non-executive chairman, non-independent director of Maruti Suzuki, does not draw any salary, perquisites and performance linked bonus. Swaraj Baggonkar. Related stories. Must Listen. Get Daily News on your Browser Enable.

Addressing the company's shareholders through Maruti Suzuki's 'Annual Integrated Report ', he said: "With support from SMC in terms of relevant product and technologies, the company will continue to work on all the enablers to cash-in on the opportunities. India is navigating through tough times, however, its economic prospects appear to be promising over the medium term, Maruti Suzuki India Managing Director and CEO Kenichi Ayukawa said.

Besides, Ayukawa said that the partnership between Suzuki Motor Corporation and Toyota Motor Corporation will help the company in gaining access to hybrid technology. Sharing details on green technologies, he said that recently Suzuki Motor Corporation formulated the 'Suzuki Environmental Vision ' to move towards carbon neutrality in new vehicles and business operations. Additionally, the company's efforts to promote the eco-friendly CNG technology vehicles started paying off.

In FY , despite overall sales of the company declining in the domestic market by 8 per cent, the sales of CNG vehicles grew by nearly 50 per cent. Bhargava, the company's Q1 sales were limited at , units. If we can avert the third wave, or substantially reduce its effect, and there are no further waves, economic activities and sale of cars can improve significantly over what was achieved last year. On electrification and various green technologies, he added: "I have no doubt that the large resources that are now being deployed for technology development will lead to lowering the cost of EVs and reducing dependence on lithium, procurement of which poses some strategic issues of national importance.

Fortunately, in our market conditions, the use of CNG, particularly for small cars, has proved very acceptable to customers. The government has recognised the importance of CNG as a fuel for cars and is making concerted efforts to build the infrastructure to make CNG available in most parts of the country.