Overseas shipments for car market leader Maruti Suzuki India reached a record high for the year ending March 31, the company said in a statement.
The local arm of the Japanese carmaker exported a record 238,376 units in FY22, the highest in any financial year. The company exported 26,496 units during March 2022, clocking its highest ever monthly exports. This demonstrates Maruti Suzuki’s commitment to the government’s “Make-in-India initiative,” it said. India manufactured Maruti Suzuki vehicles are exported to over 100 countries.
The top five export models during the year included Baleno, Dzire, Swift, S-Presso and Brezza. Latin America, ASEAN, Africa, and the Middle East were the top export destinations.
Assuming office as Managing Director & CEO, Hisashi Takeuchi, said, “Today is an auspicious day for me as I take up the responsibility of MD & CEO, Maruti Suzuki, that coincides with the achievement of this historic highest ever exports. This export milestone demonstrates the dedication and hardwork of team Maruti Suzuki led by Kenichi Ayukawa, from whom I have taken up this role. These export numbers are a reflection of India’s manufacturing potential and the acceptance of India-manufactured vehicles, all over the world.”
Maruti Suzuki has been exporting vehicles since 1986 and has achieved a cumulative export of over 2,250,000 vehicles.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.