UPDATE 1-India's Maruti sees 18-20 pct sales growth in FY10

Newswire

(Recasts with outlook) NEW DELHI, Dec 23 (Reuters) - India's top carmaker Maruti Suzuki expects its sales for the fiscal year to March 2010 to rise by about a fifth, a senior company official said on Wednesday. After a downturn in 2008, car sales in India have picked up since January and the sector has seen double-digit growth for the past five months buoyed by stimulus measures and festival demand. Maruti's car sales have risen 27 percent during the eight months to November and is ...

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