-287.50 (-1.78%) Maruti Suzuki India is eyeing exports of 3 lakh units in FY25 as part of gradual scaling up to meet the target of up to 8 lakh units by 2030. The company plans to launch more models in its various export markets that span over 100 countries while also enhancing distribution network, having taken best practices from India such as making bank finance available at dealerships, strengthening service facilities and parts availability to the export markets.
Till about three years ago, the company’s exports were in the range of 1 to 1.2 lakh cars a year. Both as a national vision and as a business ambition, it decided to scale up drastically and from those levels and in 2022-23 it reached about 2.59 lakh units exports and in 2023-24 it completed 2.83 lakh units.
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.