Business

Maruti Suzuki Celebrates 3 Million Vehicle Export Milestone; Aims Higher

Maruti Suzuki India Ltd (MSIL), the country’s largest carmaker, has reached a major milestone, exporting its 3 millionth vehicle as part of a shipment of 1,053 units from Gujarat’s Pipavav port.

The consignment, which departed on Sunday, included popular models such as the Celerio, Fronx, Jimny, Baleno, Ciaz, Dzire, and S-Presso, the company announced on Monday.

Hisashi Takeuchi, Maruti Suzuki MD & CEO stated, “Our exports from India have grown by 3 times from 4 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.”

Accelerating Exports: Maruti Suzuki’s Journey To 3 Million & Beyond

Maruti Suzuki began its export journey in 1986, sending its first significant shipment of 500 cars to Hungary in 1987.

Additionally, the company crossed the 1 million export milestone in FY 2012-13 and achieved its second million just under nine years later in FY 2020-21.

Maruti Suzuki however achieved the milestone of increasing exports from 2 million to 3 million in a record-breaking 3 years and 9 months, reflecting accelerated global demand for its vehicles.

“The 3 million cumulative exports milestone reflects India’s automobile manufacturing excellence and is a shining example of Brand India on the global stage. We thank the Government of India for instituting encouraging policies and enabling trade agreements with some markets augmenting export growth,” Takeuchi asserted.

He further added, “Maruti Suzuki actively supports the Government of India’s flagship ‘Make in India’ initiative by driving deep localization and multiplying exports. Today, 40 per cent of passenger vehicles exported from India are from Maruti Suzuki making us the number 1 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.”

The company’s exports however reached 1,81,444 units during April-October FY25, a 17.4 percent increase compared to the same period last year. Today, Maruti Suzuki exports 17 models to nearly 100 countries, with key markets spanning America, Africa, Asia, and the Middle East.

Also Read: India’s iPhone Production Surges To $10 Billion In FY25; Bolstered By PLI Scheme

Mankrit Kaur

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