Maruti Suzuki
The Indian automobile industry contributes almost 6.4% of India's GDP and 35% of manufacturing GDP and is a leading employment provider.
Maruti Suzuki India Limited, subsidiary of Suzuki Motor Corporation, Japan, is India’s biggest car maker with more than 42.75% market share in the passenger vehicles segment in FY22. The company recorded passenger vehicle sales of 1,165,483 units in FY22. Maruti Suzuki’s passenger vehicles sales stood at 110,602 units in May 2022.
Company Website: www.marutisuzuki.com
Maruti Suzuki - Way of Life
| 2021 |
In November 2021, Maruti Suzuki launched the new Celerio, at the starting price of Rs. 4.99 lakh (US$ 6,719). It will be available in four variants. In October 2021, Maruti Suzuki announced that it increased its capital expenditure outlay for FY22 to Rs. 6,700 crore (US$ 887 million). Maruti Suzuki and Toyota Tsusho Group’s vehicle dismantling and recycling joint venture — Maruti Suzuki Toyotsu India Private Limited (MSTI) in Noida, Uttar Pradesh — may kick off in July 2021 Maruti Suzuki India Limited and the Indian Institute of Management Bangalore (IIMB) will develop and mentor 26 start-ups in the mobility sector over a nine-month long incubation programme |
| 2020 | Maruti Suzuki launched its car leasing service ‘Maruti Suzuki Subscribe’ in four cities across India. The service is available in Gurugram and Bengaluru through Orix and in Pune and Hyderabad via Myles. The service allows customers to lease any car from the Maruti Suzuki line-up for a period of 12, 18, 24, 30, 36, 42 and 48 months with a buyback option at the end of lease period Maruti Suzuki India entered in a partnership with Indian Institute of Management, Bangalore (IIMB), to help the early-stage start-ups in becoming a large-scale business Maruti Suzuki commissioned a 5 megawatt (MW) solar power plant in Gurugram Maruti Suzuki introduced BS-VI compliant Tour S CNG & Tour S with optional (petrol & CNG) variants Maruti Suzuki is gearing up for 2021 by launching seven new cars Toyota and Maruti to jointly produce Creta challenger from 2022 |
| 2019 | Maruti Suzuki crossed the 20 million sales milestones of its cars In India in last 37 years Maruti Suzuki today flagged off one-of-its-kind mobile NEXA terminal, taking the NEXA experience to markets where it is currently not present. Maruti Suzuki goes greener with environment friendly BS6 range of vehicle. Maruti Suzuki India emerged as a leader by achieving milestone of one million Utility Vehicles cumulative sales. |
| 2018 | Market leader in the passenger vehicles segment and held around 54 per cent market share in the segment in November 2018. The company crossed its cumulative production milestone of four million two wheelers from its Gurugram-based plant. |
| 2016 | Exported first ‘Made in India’ car to Japan. |
| 2012 | Ranked first in India in customer satisfaction for the 13th time in a row. |
| 2008 | Launched ‘A-Star’, world’s fifth strategic models. It also Launched National Road Safety Programme in the same year. |
| 2005 | Ranked 91st in Forbs list of World’s top 200 Most reputed Companies. Ranked 7th in the automotive sector. |
| 2001 | Entered into pre-owned cars segment. Opened True Value, its first pre-owned cars outlet, in Bangalore. |
| 2000 | The first car company in India to start a customer care centre. The company was awarded ‘Highest Exporter Award’ |
| 1996 | Launched India’s first 24 hours on-road service. |
| 1993 | Launched India’s first hatchback car, ‘Zen’. |
| 1991 | Received the 1991 Corporate Performance Award by the Economic Times - Harvard Business School Association. |
| 1990 | Maruti Suzuki launched India’s first luxury car, Maruti 1000. |
| 1984 | Maruti Suzuki launched Omni – a multi-purpose car. |
| 1983 | The company was incorporated with the launch of iconic Maruti 800. First batch of Maruti Suzuki cars was assembled. |
- India’s biggest car maker.
- Total revenue from operations of Rs. 88,295 crore (US$ 11.31 billion) in FY22.
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