Maruti Suzuki achieves 2 million vehicle export milestone from India

The country's largest carmaker Maruti Suzuki India (MSI) 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," MSI 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 pipeline, Maruti Suzuki will attract customers in new segments to enable the companytoaccomplish bigger milestones at a much faster pace," Ayukawa said.

MSI commenced export of vehicles way back 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 per cent 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 regions.

"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 MSI's global production stature, the companysaid.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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