Japanese car maker Suzuki Motor Corporation announced plans to expand its SUV portfolio in India in order to regain its market share in the passenger vehicle segment. The company reported a 15.8 percent increase in net sales for the last financial year.
Parle Products, the renowned biscuit maker, witnessed a growth slowdown of 4% in FY23, after experiencing consistent double-digit growth over the past three years. Despite the slowdown, Parle retained its position as India’s largest food company. The company’s net sales reached Rs 17,223 crore, while profits tripled to Rs 905 crore.
