Maruti Suzuki achieves 25 million domestic sales in India
Suzuki Motor Corporation (SMC, Japan) said on Monday that Maruti Suzuki India Limited (SMIL), a subsidiary in India, had earlier this month reached the milestone of 25 million cumulative domestic sales. SMC stated in a statement that the milestone was reached on January 9.
In 1982, Suzuki and Maruti Udyog, the company that would later become Maruti Suzuki, agreed to form a joint venture. In December 1983, Maruti Suzuki unveiled its first vehicle, the Maruti 800. Since then, the firm has offered vehicles to fulfil the evolving needs for mobility and has debuted recognizable brands like the Alto, WagonR, and Swift, according to the statement.
Additionally, MSIL will create a network that the consumers continue to select with the continuous extension of its sales and service network in India, which includes over 3,500 new vehicle sales outlets.
There are now 17 models made and marketed in India, and Maruti Suzuki is expanding its lineup to include the newly popular SUV types as well as hybrid and CNG cars. A total of almost 2.1 million hybrids and CNG vehicles have been produced.
According to SMC, MSIL manufactured 19,16,040 automobiles in the 2022 calendar year, an increase of 115% year over year and an increase for the second year in a row. It manufactured 14,21,686 units between April and December, a 122 percent YoY increase over the same time in the prior fiscal year.
"Maruti Suzuki will continue to provide products marked with safety, high reliability, and eco-friendliness, and contribute to the sustainable development of the automobile industry," SMC added.