Maruti Suzuki India Ltd (MSIL) recently got its single largest order, of a little over 4,000 units of its sports utility vehicle, the Gypsy, from the Indian Army. The company declined to disclose the deal’s financial value, as the contract was finalised through central government tendering.
The rate at which vehicles are being supplied to the army is different from the sale price in the domestic market. However, as the Gypsy’s ex-showroom price is Rs 5.42-5.96 lakh in this city, the order should be Rs 216-238 crore ($348-$384 mn).
“The armed and paramilitary forces are a major customer for Maruti Suzuki. The army is amongst the major buyers of our vehicles since 1991. Starting with around 1,500 Gypsys the first year, we have sold about 31,000 of these to them. The latest order is the single largest we have had for the Gypsy from the army,” said R S Kalsi, executive director (marketing and sales).
Read the full story at Army Recognition