Maruti Suzuki India (MSI) today said it has crossed 10 lakh units mark in sales this economic, the first time ever it has crossed the figure in a single year in its over 26 years of life.The feat comes close on the heels of the company producing the similar number of cars in a single year last week.
Yesterday we touched 1 million units in sales throughout this financial year. It is a immense achievement, not only for Maruti, but for the entire Indian auto industry, Maruti Suzuki India Executive Officer (Marketing and Sales) Mayank Pareek told PTI.
Toyota, General Motors, Volkswagen, Ford, Honda, Renault, Hyundai, Suzuki and Nissan are among those who make a million units or more every year.
In its first year of commercial operations (December- March 1983), Maruti had created 840 cars and in the following full fiscal year, production had touched a little over 22,000.
The company as inception sold a total of over 85 lakh cars of about 15 models with over 100 variants. Last year, Maruti's sales passed Suzuki's performance in Japan. It is credited with transforming personal car transport in India.
Over the past 26 years, MSI has added about Rs 55,000 crore to the national exchequer. The company has dedicated itself to over Rs 12,000 crore of investment since 2007 that includes setting up a facility at Manesar, increasing capacity of the Gurgaon plant, a new R&D centre in Rohtak and expanding its capacity further by 2.5 lakh units in Manesar.
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