India, May 1 -- RC Bhargava, Chairman of Maruti Suzuki India, had earlier stressed the importance of revitalising the entry-level vehicle segment for sustainable growth within the Indian auto industry. In a recent press conference, while expressing optimism regarding its potential, Bhargava tempered expectations, suggesting that a swift recovery in the current fiscal year might be overly optimistic.

During the press conference, Bhargava observed a positive trend in the revival of the two-wheeler segment. He noted the significant progress made by the segment compared to two years ago, indicating that the small car market's resurgence would likely follow suit. However, he cautioned that this process would take time, estimating at least two...