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Home arrow News arrow Automotive arrow Maruti Suzuki India Ltd rolls out it's ten millionth car
Maruti Suzuki India Ltd rolls out it's ten millionth car Print E-mail
Written by Viswanath   
Wednesday, 16 March 2011
New Delhi: Maruti Suzuki India Limited today rolled out it's ten millionth car. The Company's journey towards ten million mark, picked momentum in recent times through several focused initiatives like capacity expansion, higher productivity levels and enhanced R&D capability demonstrated through product refreshments.

With two manufacturing facilities and a combined manufacturing capacity of 10 lakh (1 million) cars a year, Maruti Suzuki currently produces over 12 lakh (1.2 million) units per annum.

The Company is setting up two new plants which will bring in an additional annual capacity of 500,000 (0.5 million) units. Once these new facilities are in place by 2013, the Company will have a capacity to manufacture over 17 lakh (1.7 million) units annually.

The Company is also setting up an R&D facility, Suzuki's largest R&D centre outside Japan. The Maruti Suzuki's R&D teams are working collaboratively with Suzuki Motor Corporation, Japan for designing cars for the global markets.

"The commitment of employees and continued strong support of business associates has played a critical role all through the journey. Their enthusiasm and commitment is especially reflected in manufacturing around 5 million units just in the last 6 years," said Shinzo Nakanishi, Managing Director and CEO, Maruti Suzuki India Limited.

Maruti Suzuki India Limited is the sole base for producing diesel engines and the world strategic export model, A star for Suzuki Motor Corporation, globally.

Maruti Suzuki India Limited, started operations in India in 1983 (then Maruti Udyog Limited) as a joint venture between the Government of India and Suzuki Motor Corporation, Japan.

Starting with the handing over to the first Maruti 800 to the first customer in December 1983, the Company produced the First Millionth car in 1994. The cumulative production reached Two Million in 1997. The next big landmark of Five Million was reached in April 2005, almost 22 years after the first car was rolled out.

Maruti Suzuki currently offers a range of 16 passenger vehicle models in India. It is the largest car maker with over 45 per cent share in India's passenger vehicle market.

During 2009-10, Maruti Suzuki posted revenue of Rs 301,197 million. The revenue was Rs 203, 583 million in 2008-09, up from Rs 178,603 million in 2007-08.

 
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