Wednesday, Apr 24 2024 | Time 16:04 Hrs(IST)
image
Business Economy


Maruti Suzuki exports cross 2 Million vehicles from India

Kolkata, Feb 27 (UNI) Maruti Suzuki India Limited announced accomplishment of two million
vehicle exports from India today.
A true symbol of Central Government’s flagship Make-in-India initiative, a batch of Maruti
Suzuki products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the
Mundra Port in Gujarat.
Maruti Suzuki commenced export of vehicles way back in FY1986-87. The first large
consignment of 500 cars was shipped to Hungary in September 1987.
In FY2012-13, the Company achieved the milestone of one-million exports. In the first
million, more than 50% of exports were undertaken to developed markets in Europe.
Maruti Suzuki achieved the subsequent million in over eight years with special focus on
emerging markets in Latin America, Africa and Asia regions.
With concerted efforts, the Company has been able to gain sizeable share in markets like
Chile, Indonesia, South Africa and Sri Lanka. Models such as Alto, Baleno, Dzire and Swift
have emerged as popular choices in these markets.
Speaking on the feat, Kenichi Ayukawa, Managing Director & CEO, Maruti Suzuki India
Limited said, “The Company is committed to Hon’ble Prime Minister Mr. Narendra Modi’s
vision of Make-in-India. The 2 million vehicle exports from Maruti Suzuki are a testimony
of the same. Maruti Suzuki has been exporting vehicles for past 34 years much before
India became a prominent player in the global automobile business. This early global
exposure helped the Company enhance its quality and attain global benchmarks. Currently,
we export 14 models, nearly 150 variants, to over 100 countries. Vehicles manufactured
at our facilities in India have found high acceptance owing to global standards of quality,
safety, design and technology.”
Mr. Ayukawa added, “Going forward, the Company has aligned itself with the evolving
needs of customers in African and Latin American nations. With a flurry of new models in
pipeline, Maruti Suzuki will attract customers in new segments to enable the Company to
accomplish bigger milestones at a much faster pace.”
In January this year, the Company started production and export of Suzuki’s celebrated
compact off-roader Jimny from India. With India as a production base for Jimny, Suzuki
aims to leverage Maruti Suzuki’s global production stature.
UNI BM
More News

Mahindra Tractors crosses milestone by selling 40 lakh tractor units

24 Apr 2024 | 3:46 PM

Kolkata, Apr 24 (UNI) Mahindra Tractors, part of the Mahindra Group and the world’s largest tractor manufacturer by volume, has achieved a milestone by selling the brands 40th Lakh tractor, inclusive of exports in March 2024.

see more..
BharatPe launches BharatPe One

BharatPe launches BharatPe One

24 Apr 2024 | 12:43 PM

Kolkata, Apr 24 (UNI) BharatPe, India’s leading name in the fintech industry, has announced the launch of BharatPe One, India’s first all-in-one payment product that integrates POS, QR, and speaker into one device.

see more..
SBI Card launches SBI Card MILES for Travel enthusiast

SBI Card launches SBI Card MILES for Travel enthusiast

24 Apr 2024 | 12:39 PM

Mumbai, April 24 (UNI) SBI Card, India’s largest pure-play credit card issuer, has launched three variants of its first travel-focused core credit card, ‘SBI Card MILES’.

see more..
Sensex up over 200 points

Sensex up over 200 points

24 Apr 2024 | 10:39 AM

Mumbai, April 24 (UNI) The BSE Sensex remained firm for the fourth straight session on Wednesday, surging 261 points at 74,000 in opening session as buying was seen across board amid positive Asian Market.

see more..
Rupee up 6 paise against USD

Rupee up 6 paise against USD

24 Apr 2024 | 10:32 AM

Mumbai, Apr 24 (UNI) The rupee remained strong on Wednesday, advancing 6 paise to 83.28 against the opening session on selling of US dollars by bankers and exporters, dealers at the Foreign Exchange said.

see more..
image