- 09 Mar 2022
- ICICI Securities
Maruti Suzuki launches CNG variant of Dzire
News: MSIL has launched a CNG variant of its Dzire, priced at Rs.8.14 lakh (ex-showroom Delhi). It comes with a factory fitted CNG kit with CNG tank capacity of 55 litre and mileage of 31.1 kms/kg.
Views: MSIL has been at the forefront of green mobility through its CNG portfolio and expects to clock ~2.3 lakh annual CNG vehicle sales in FY22E. The present launch is a step in this direction and bodes well for the company in achieving its stated target.
Impact: Neutral