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2 clusters · 7 sources · 7 days · First seen · Last updated

Maruti Suzuki strategic expansion and export growth

Overview

Maruti Suzuki has outlined a strategic expansion plan to increase its annual sales from 2 million to 3 million units by 2031. This growth strategy focuses on the SUV segment through the launch of seven new models or updates, alongside a diversification of powertrains to include hybrid, electric, CNG, compressed biogas, and flex-fuel options.

In conjunction with these long-term goals, the company has seen significant success in its export operations. The Fronx SUV reached 200,000 exports in less than 38 months, becoming the fastest SUV manufactured in India to hit that milestone. Maruti Suzuki continues to lead India’s passenger vehicle exports, shipping 17 different models to nearly 120 countries.

Entities

Fronx · Maruti Suzuki India Limited · Hansalpur · Hisashi Takeuchi

Timeline

  1. 25 days ago

    [BUSINESS] 3 sources
    Maruti Suzuki Fronx reaches 200,000 exports in record time

    Maruti Suzuki’s Fronx SUV has become the fastest Indian-made SUV to reach 200,000 exports, hitting the milestone in under 38 months through its manufacturing facility in Gujarat.

  2. about 1 month ago

    [BUSINESS] 4 sources
    Maruti Suzuki targets 3 million annual sales with 7 new SUVs by 2031

    Maruti Suzuki aims to reach 3 million annual vehicle sales by 2031, driven by the launch of seven new SUVs and a diverse range of hybrid, electric, and alternative fuel powertrains.

Sources

icast.org.in · in.mashable.com · indiacarnews.com · indusbusinessjournal.com · morungexpress.com · parkinsons.org.au · rushlane.com