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regular-article-logo Tuesday, 26 November 2024

'Brand India on global stage': Maruti reaches milestone of three million cumulative exports

The company clocked the 1 millionth milestone in vehicle exports in FY 2012-13, followed by the next million in a little less than nine years in FY 2020-21

Our Special Correspondent Calcutta Published 26.11.24, 08:48 AM
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Maruti Suzuki India Limited (MSIL), India's leading passenger vehicle company, has attained the milestone of three million cumulative exports.

The landmark vehicle was part of a shipment of 1,053 units that sailed from Gujarat's Pipavav port on Sunday, comprising models such as Celerio, Fronx, Jimny, Baleno, Ciaz, Dzire and S-Presso.

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Maruti Suzuki commenced exports of vehicles from India in 1986. The first large consignment of 500 cars was shipped to Hungary in September 1987.

The company clocked the 1 millionth milestone in vehicle exports in FY 2012-13, followed by the next million in a little less than nine years in FY 2020-21.

The progression from 2 million to 3 million cumulative exports was achieved in just three years and nine months, making it the fastest million for Maruti Suzuki. Maruti Suzuki exported 181,444 units in the period of April-October in FY 2024-25, marking a growth of 17.4 per cent over the same period the previous year.

The company exports 17 models to nearly 100 countries. Latin America, Africa, Asia and West Asia are important export markets for the company. Fronx, Jimny, Baleno, Dzire and S-Presso are the top export models from Maruti Suzuki.

Speaking on the export milestone, Hisashi Takeuchi, MD and CEO, Maruti Suzuki India Limited, said: "The 3 million cumulative exports milestone reflects India's automobile manufacturing excellence and is an example of Brand India on the global stage."

"The trade agreements with some markets augmented export growth. Maruti Suzuki is committed to deep localisation and multiplying exports."

"Today, 40 per cent of passenger vehicles exported from India are from Maruti Suzuki, making us the number one vehicle exporter in the country."

"Our success in international markets is the outcome of high acceptance of Maruti Suzuki's global standard vehicles for quality, safety, design and technology. We thank our global customers and esteemed distributors for their trust in us."

He added, "Our exports from India have grown three times from four years ago. Inspired by this global demand, Maruti Suzuki is determined to diversify and ramp up vehicle exports to 7.5 lakh units by 2030-31."

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