Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Suzuki’s accumulated India automobile production reaches 20 mn units

by | May 25, 2021

Suzuki MotorNew Delhi : Suzuki Motor Corporation on Monday said that its accumulated automobile production has reached 20 million units in India.

According to the company, India became the second country after Japan in which Suzuki has reached this milestone, and “the fastest country to reach 20 million units in just 34 years and 5 months since starting production in December 1983, breaking the record of 45 years and 9 months in Japan”.

The company highlighted that out of the 20 million units, Alto was the most produced model with approximately 3.17 million units.

“Swift produced at Gujarat Plant was the 20 millionth model. Suzuki’s automobile production in India started in December 1983 with its first model, the Maruti 800 by Maruti Udyog, the former company of the present Maruti Suzuki,” the company said in a statement.

“Since then, production units and models were increased to meet the expanding needs owing to the growing economy in India.”

Currently, the company produces automobiles at the Gurgaon and Manesar plants of Maruti Suzuki, as well as Gujarat facility of Suzuki Motor Gujarat, Suzuki’s 100 per cent subsidiary to produce automobiles in India.

“At these three production sites, 16 models are produced including the Dzire, Baleno, Alto, Swift, WagonR, and Vitara Brezza,” the statement said.

As per the statement, in FY2017, approximately 1.78 million units were produced in India, of which 1.65 million units were sold in India domestic and 130,000 units were exported to over 100 countries and regions including Europe, Japan, Asia, Africa, and Latin America.

—IANS

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

Sensex trades lower amid mixed global cues

Sensex trades lower amid mixed global cues

Mumbai: Indian equity indices opened lower on Friday following mixed cues from global markets. At 9.48 a.m., Sensex was down 430 points or 0.52 per cent at 81,771 and Nifty was down 118 points or 0.48 per cent at 25,023. The broader market trend remains positive. On...

Rapido raises USD 200 mn to expand operations, scale tech platform

Rapido raises USD 200 mn to expand operations, scale tech platform

New Delhi: Homegrown ride-sharing platform Rapido on Thursday said it has raised $200 million in its Series E funding, taking its valuation to over $1.1 billion. The funding round was led by WestBridge Capital, and also saw participation from existing investor Nexus,...

Rupee falls 3 paise to settle at 84.01 against US dollar

Rupee falls 3 paise to settle at 84.01 against US dollar

Mumbai: The rupee breached the crucial 84-mark second time within a month and settled 3 paise lower at 84.01 on Wednesday amid a sharp decline in the domestic equity markets as investors stayed away from riskier assets. However, a weak dollar against major...

India’s fintech startups grow fivefold in last three years

India’s fintech startups grow fivefold in last three years

New Delhi: India’s financial sector is growing at a rapid pace as fintech startups have grown by about five times in the past three years, according to a report. The growth has been from 2,100 in 2021 to 10,500 in 2024. JM Financial said in a report: “At present time,...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *