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Maruti Suzuki India posted 13.4% growth during FY21-22, sold above 1.70 lakh units in March

By Priyanka Verma 
Updated Date

NEW DELHI: Maruti Suzuki India (MSI) on Friday, April 1, said its exports stood at 2,38,376 units in FY22, the company’s highest in any financial year. The auto major also reported overseas shipments of 26,496 units in March 2022, its highest ever monthly number so far.

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Maruti Suzuki India Limited sold a total of 170,395 units in March 2022. Total sales in the month include domestic sales of 137,658 units, sales to other OEM of 6,241 units.

For the full financial year 2021-22, the company posted a total sales of 1,652,653 units with a growth of 13.4% over FY 2020-21. Total sales includes domestic sales of 1,365,370 units, sales to other OEM of 48,907 units.

Maruti Suzuki has been exporting vehicles since 1986 and has achieved a cumulative export of over 22.5 lakh vehicles. India manufactured Maruti Suzuki vehicles are exported to over 100 countries.

The shortage of electronic components had some impact on the production of vehicles in FY 2021-22. The company took all possible measures to minimise the impact. As the supply situation of electronic components continues to be unpredictable, it might have some impact on the production volume in FY 2022-23 as well

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Hisashi Takeuchi, said, “Today is an auspicious day for me as I take up the responsibility of MD & CEO, Maruti Suzuki, that coincides with the achievement of this historic highest ever exports. This export milestone demonstrates the dedication and hardwork of team Maruti Suzuki led by Mr. Kenichi Ayukawa, from whom I have taken up this role. These export numbers are a reflection of India’s manufacturing potential and the acceptance of India-manufactured vehicles, all over the world.”

These export numbers are a reflection of India’s manufacturing potential and the acceptance of India-manufactured vehicles all over the world, he added. The top five export models for the company in 2021-22 were Baleno, Dzire, Swift, S-Presso and Brezza. The top export markets included Latin America, ASEAN, Africa, and the Middle East.

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