Japan’s Suzuki Motor Corporation (SMC) on Monday said it has achieved accumulated automobile production of 20 million units in India. India becomes the second country after Japan where Suzuki has reached this milestone, the has company said.
SMC, which began its journey in India through a joint venture with the Central government - Maruti Udyog, said the country is the fastest to reach 20 million units in 34 years.
Currently, SMC produces automobiles in the country through Maruti Suzuki India Ltd (MSIL) in which it holds 56.21 % stake and fully-owned arm, Suzuki Motor Gujarat (SMG) that supplies exclusively to MSIL.
“Of the 20 million units, Alto was the most produced model with approximately 3.17 million units,” SMC said, adding the company crossed this milestone in India with the newly launched Swift..
The Japanese small car major began its automobile production in India in December 1983 with its first model, the Maruti 800 by erstwhile Maruti Udyog.
At present, 16 models, including the Dzire, Baleno, Alto, Swift, WagonR, and Vitara Brezza, are produced at the three plants.
In 2017-18, around 1.78 million units were produced in India, of which 1.65 million units were sold in the domestic market and 1,30,000 units were exported to over 100 countries.
The company crossed the first 1 million units milestone in March 1994 and went on to reach 10 million units in March 2011. The 15 million units cumulative production milestone in India in May 2015.