India’s largest car manufacturer, Maruti Suzuki India (MSIL) today announced that it has crossed production of 20 million vehicles in India at its Gurgaon and Manesar facilities. This landmark, achieved for the first time by a car maker in the country, has been attained in 34 years and 6 months since the start of production in December 1983.
Commenting on the production milestone, Kenichi Ayukawa, managing director and CEO, Maruti Suzuki India, said, “We would like to thank all our valued customers, business partners, government, investors and all stakeholders. The 20-million production milestone is a testimony of trust in brand Maruti Suzuki. For over three decades, Maruti Suzuki has worked to listen and meet the evolving customer aspirations with contemporary products of global quality. We are committed to serve customers with products and services, which are best in quality, safety and ahead in technology.”
Maruti Suzuki had achieved the 1-million production milestone in March 1994, nearly after a decade of manufacturing cars in India. The 5-million milestone was achieved in April 2005, while 10 million was hit in March 2011. In the next seven years, the company achieved the 20-million production milestone.
In FY2018 the company produced a total of 1,768,488 (+11.78%) units out of which it sold a record 1,643,467 million units in the domestic market and exported 123,903 units. Maruti Suzuki has announced its ambitious target of selling 2.5 million units by 2022-23. For the April-June 2018 period, the company had produced a total of 474,970 units and sold 458,967 units in the domestic market and exported 25,724 units.