Its first production facility came up in Gurugram, Haryana
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Maruti Suzuki India Crosses 25 Million Cumulative Production Milestone
The company sells 16 passenger vehicles in the domestic market and also exports to around 100 countries
Topics
Maruti Suzuki India | Maruti Suzuki | Automobile
Maruti Suzuki India (MSI) on Wednesday said it has crossed 2.5 crore cumulative production mark.
MSI started production in December 1983 and crossed the 10-lakh production mark in March 1994. It crossed 1- crore mark in March 2011 and 2-crore milestone in July 2018.
Its first production facility came up in Gurugram, Haryana.
The company now has two manufacturing plants in Gurugram and Manesar in Haryana, with an installed production capacity of 15 lakh units per annum.
The company sells 16 passenger vehicles in the domestic market and also exports to around 100 countries.
"2022 marks 40 years of Suzuki's partnership with the people of India. Crossing 25 million cumulative production milestone this year is a testimony of Suzuki's continued commitment and partnership with the people of India," MSI Managing Director and CEO Hisashi Takeuchi said in a statement.
Going forward, the automaker will continue to introduce new products in the market, he added.
"Anticipating growing demand for passenger vehicles, we have also started work on setting up a new manufacturing facility in Kharkhoda, Haryana," Takeuchi stated.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Wed, November 02 2022. 16:11 IST
RECENT NEWS
The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty
In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more
Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction
In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more
Central Banks And The Economic Horizon: Steering Through Uncertaintie
In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more
Transforming Financial Operations With Robotic Process Automation
Author: Ricardo Goulart ... Read more
The Role Of Machine Learning In Fraud Detection
Author: Gerardine Lucero  ... Read more
Principles Of Islamic Banking And Finance
When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more