Maruti plans to set up new retail outlets for premium products

Maruti has set a target of selling two million units annually by 2020 with around 25 models. In its bid to crack the big vehicle segment, Maruti Suzuki India (MSI), known for its small cars, is establishing a new set-up of retail outlets under the Nexa brand to sell premium products, starting with the upcoming S-Cross model. The company, which has set a target of selling two million units annually by 2020 with around 25 models, expects the Nexa network to contribute a significant amount to sales and will open 100 dealerships under it in 30 cities by the end of this financial year. Maruti’s dealership expansion plan is indeed a fresh business opportunity for the signage companies dealing in in-shop displays, designs, branding and related activities.

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