Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
15881.10
-298.65 (-1.85%)
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Maruti Suzuki records 292% growth in car subscriptions

Date: 18-04-2023

Maruti Suzuki India (MSIL) has been scaling up its capabilities not just in providing customer-centric products, but also by offering holistic services to customers with the aim of providing ‘Joy of Mobility’ to all. Backed by the assurance of over 25 million customers, the Company’s value-added initiatives such as Smart Finance, Subscribe and Rewards have registered remarkable growth in FY23, thanks to great customer acceptance.

These initiatives are consistently evolving to adapt to the changing needs of customers and redefining the automotive experience for car buyers in India. In the financial year gone by, Maruti Suzuki Subscribe registered a Y-o-Y growth of 292% in car subscriptions. Catering to rising demand, its presence was extended to 25 cities, with 5 leasing partners, 2 of these new leasing partners were onboarded in FY2022-23.

Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.