Maruti Suzuki Crosses 20 Lakh Cumulative Exports Mark
The country's largest carmaker Maruti Suzuki India Ltd. on Saturday said it has achieved the milestone of 20 lakh cumulative exports.
The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat.
“The company 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,” MD and CEO Kenichi Ayukawa said in a statement.
The automaker currently exports 14 models comprising nearly 150 variants, to over 100 countries, he noted.
“Vehicles manufactured at our facilities in India have found high acceptance owing to global standards of quality, safety, design and technology,” Ayukawa said.
Going forward, the company has aligned itself with the evolving needs of customers in African and Latin American nations, he noted.
“With a flurry of new models in the pipeline, Maruti Suzuki will attract customers in new segments to enable the company accomplish bigger milestones at a much faster pace,” Ayukawa said.
Maruti Suzuki commenced export of vehicles in 1986-87 and the first large consignment of 500 cars was shipped to Hungary in September 1987.
In 2012-13, the company achieved the milestone of one million exports with more than 50% of the shipments going to the developed markets in Europe.
The company achieved the subsequent million in over eight years with special focus on emerging markets in Latin America, Africa and Asia.
“With concerted efforts, the company has been able to gain sizeable share in markets like Chile, Indonesia, South Africa and Sri Lanka,” the automaker said.
Models such as Alto, Baleno, Dzire and Swift have emerged as popular choices in these markets, it added.
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's global production stature, the company said.