Maruti Suzuki India’s Exports Zoom 28 Per Cent To 2.63 Lakh Units In 2022

Maruti Suzuki India’s Exports Zoom 28 Per Cent To 2.63 Lakh Units In 2022

Indian auto major Maruti Suzuki reported a 28 per cent rise in exports at 2,63,068 units in 2022, its highest-ever overseas shipments. On Tuesday, the company in a press release said that the automaker’s previous highest exports were achieved in 2021 with 2,05,450 units.

The highest exported models in 2022 were the Dzire, Swift, S-Presso, Baleno, and Brezza, the company said. Cars from Maruti Suzuki witness high popularity among customers in regions such as Africa, Middle East, Latin America, ASEAN, and neighboring regions. At present, the company exports 16 models..

Hisashi Takeuchi, managing director and CEO of Maruti Suzuki (MSIL), said, “Crossing the 2 lakh milestone in exports for the second consecutive year signifies the trust, quality, reliability, performance, and affordability of our products. This achievement further aligns with our strong commitment to the Government of India’s ‘Make in India’ initiative to manufacture products to delight global customers.”

“We are thankful for the support from our parent company Suzuki Motor Corporation to enable us to leverage a wider distribution network across the globe. Further, adding more models to our portfolio helped sustain excitement in the export markets,” he added. 

The company’s exports in 2020 declined to 85,208 units because of the pandemic and supply chain constraints. Exports in 2018 were at 1,13,824 units. The company said exports in 2022 more than doubled the volume compared to 2019.

Maruti Suzuki India started exports in FY86-87, with its first consignment to Hungary. Since then it has increased its export market and the company at present ships its vehicles to around 100 countries, the company said. 

On January 2, Maruti Suzuki in a regulatory filing said that the company’s production in December 2022 was lower by 17.96 per cent. Production of mini cars and compact segment cars, comprising models such as the Alto, S-Presso, Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, was lower at 83,753 units last month as compared to 1,06,090 units in December 2021.

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