Export leader Maruti Suzuki takes huge lead in first five months of FY2023
Having shipped a total of 110,372 units in April-August 2022, Maruti Suzuki is 49,801 units ahead of its closest rival, Hyundai Motor India.
Passenger vehicle market leader Maruti Suzuki India, which wrested the made-in-India PV export crown from Hyundai Motor India in FY2022 with shipments of 235,670 units, has taken a strong lead in the first five months of FY2023.
The company, which currently has a strong order book in India and a backlog of 417,000 units, has shipped 110,372 units in the April-August 2022 period, registering 28% year-on-year growth. With seven months still to go in FY2023, at this stage the carmaker has clocked 47% of its FY2022’s exports of 235,670 units which were its best ever.
Maruti Suzuki continues ...
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