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Business News/ Companies / News/  Suzuki achieves 20 million vehicle sales in India, faster than Japan

New Delhi: Japanese car maker Suzuki Motor Corporation though its subsidiaries Maruti Suzuki India Ltd and Suzuki Motor Gujarat on Monday reached the 20 million vehicle sales mark in the Indian market.

This is a first for the company in any of the foreign markets where it operates.

Suzuki achieved this feat through its most profitable subsidiary Maruti Suzuki in 35 years and five months, while it took 45 years and nine months to do the same in Japan.

Maruti Suzuki is the biggest subsidiary of Suzuki and contributes more than half of the total volumes at a parent level.

According to Suzuki, Alto has been the most manufactured vehicle in India and a record 3.17 million vehicles were sold in the domestic market.

Suzuki started manufacturing cars in India from 1983 as Maruti Udyog when it operated as a joint venture. In April 2013, Suzuki decided to buy majority share in Maruti.

Having maintained its dominance over the Indian automobile market in FY18, Suzuki is now getting into the electric vehicle space in India in collaboration with Toyota Motor Corporation of Japan.

It has also ventured into the small commercial vehicle space by launching Carry.

“Today the production is held at Gurgaon and Manesar plants of Maruti Suzuki and the Gujarat plant of Suzuki Motor Gujarat, Suzuki’s 100% subsidiary to produce automobiles in India. At these three production sites, 16 models are being produced including the Dzire, Baleno, Alto, Swift, Wagon R and Vitara Brezza," said Suzuki in a note on its website.

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Updated: 04 Jun 2018, 10:32 PM IST
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