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Maruti Suzuki reveals plans to export 25 per cent of its production volume

January 29, 2019, 01:22 PM IST by Nikhil Puthran
Maruti Suzuki reveals plans to export 25 per cent of its production volume

- Plans to export 25 per cent of its production to the international markets

- Total production combined with that of parent Suzuki will cross two million units by 2020

- Exports to markets like Chile, Indonesia, South Africa, Uruguay and Nepal 

The country’s largest car manufacturer Maruti Suzuki has revealed plans to export 25 per cent of its production to the international markets. The company further expects overseas shipment to touch two lakh units by 2020. The company's total production combined with that of parent Suzuki will cross two million units by 2020 when the third unit in Gujarat goes on-stream. The company is exporting to markets like Chile, Indonesia, South Africa, Uruguay and Nepal. 

Maruti Suzuki is also contemplating on entering new markets to enhance its exports leveraging on vehicles that will be produced here to meet India's upcoming stricter safety and emission norms. In the current fiscal from April to December, the company has exported over 81,000 units. In 2017-18, the company has exported 1,26,074 units. Speaking on the occasion, Kenichi Ayukawa, MSI MD and CEO said to media, “We expect the exports to be at least 10 per cent of the total production. If it becomes 2 million capacity we are expecting export of two lakh units. If opportunity increases we will further try to enhance it. Ideally, 20-25 per cent of the production should be exported.”  

In addition to the existing markets, the company is considering shipping the cars to the developed markets like Europe and Japan.

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