Maruti Suzuki achieves 25 million sales in India

Becomes the first automaker in India to achieve this milestone.

Advertisment

Maruti Suzuki has recorded 25 million units in sales in India, achieving a new milestone. Maruti Suzuki is the only automaker in India to hit this milestone. The company started operations 40 years ago, in 1983, as a joint collaboration between Japan’s Suzuki Motor Company and India’s Maruti Udyog. The automaker enjoys the largest market share in passenger vehicles in India and hit the record for 25 million units produced a couple of months back.

Read Also: 2023 BMW X1 launched in India at Rs 45.90 lakh

Table of Contents

- Advertisement -

Maruti Suzuki’s record is 40 years in the making

The car that announced Maruti Suzuki’s arrival in India was the Maruti 800, which remains iconic to this day. Over the decades, Maruti’s portfolio has grown considerably, and the automaker currently offers 17 cars in India. Maruti Suzuki’s manufacturing plants in Gurugram and Manesar have a production capacity of 1.5 million units per annum.

Maruti Suzuki showcases the eVX SUV concept

The company recorded its first 5 million sales in 2006, taking 23 years to achieve the milestone. Since then, Maruti Suzuki has breezed past the records, reaching the 10 million sales landmark in 2012, and 20 million units in 2019. In the last four years, Maruti has sold 5 million units in India. 

In the third quarter of FY 2022-23 the automaker sold an impressive 465,911 units. This includes 61,982 units in exports, while 403,929 cars were sold domestically. Recently, Maruti shipped the first batch of its latest flagship SUV, Grand Vitara, to Latin America. Pending customer orders stood at about 363,000 vehicles at the end of Q3 FY 2022-23 out of which about 119,000 orders were for newly launched models.

 Maruti Suzuki Jimny 5-Door makes its debut at Auto Expo 2023

During the quarter, the company registered net sales of INR 278,492 million. During the same period the previous year, the net sales were at INR 221,876 million. The company recorded an operating profit in Q3 FY2022-23 of INR 21,230 million as against INR 9,190 million in quarter 3 FY2021-22. The net profit for the quarter rose to INR 23,513 million from INR 10,113 million in Q3 FY2021-22.

Read Also: Bookings for Mahindra XUV400 now open at Rs 21,000

Conclusion

Maruti Suzuki also plans on foraying into the EV sphere in the coming years. The automaker unveiled the eVX concept electric SUV at Auto Expo, earlier this month. This concept EV will hit production in the coming years, with Maruti planning a 2025 launch. Talking about upcoming releases, the automaker will be launching the 5-door Jimny and Fronx SUV in the coming months.

For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel. You can also stay up to date using the Gadget Bridge Android App. You can find the latest car and bike news here.

- Advertisement -
Advertisment
Utkarsh Joshi
Utkarsh Joshihttps://www.motorbridge.com/
Utkarsh is a seasoned writer who seeks to simplify complex concepts and bring the latest in technology to a broader audience. You can catch his exhaustive 'How to' guides, deep-dive feature articles, cutting-edge news stories, and comprehensive tech reviews on Gadgetbridge.com. Apart from dabbling in all things tech, Utkarsh also enjoys watching club football, adding to his TBR pile of books, and making Spotify playlists. Automobile enthusiasts and motorheads can also catch his articles on Motorbridge.com.

Similar Articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Advertisment
Advertisment

Most Popular

Advertisment