INDIA: Maruti combines with bank to boost sales in two states - report
Maruti Udyog, India's largest car maker, and government-run State Bank of Indore have entered into a car financing alliance to push vehicle sales in two central Indian states, Dow Jones reported. The report said that, as part of the contract, Maruti Udyog, in which the federal government last month sold a 25% holding in an initial public offering, plans to use the State Bank of Indore's network of 360 branches in Madhya Pradesh and Chhatisgarh states to drive its sales.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable