Update on the Indian Market Situation and Outlook of Suzuki
India Outlook for the Indian Market
SUZUKI
Maruti Suzuki:
First BEV launch in India
Overall Indian market :
YoY +5-7%
Maruti Suzuki :
Outpace market growth
Total passenger car :
3.89million units
Maruti Suzuki :
1.61million units (41.3%)
India Overall Market :
6 million units
Maruti Suzuki :
3 million units
(50% market share)
6 models of BEV in the lineup
India's economic growth target
"Amrit Kaal"
(Age of Growth and Prosperity)
• India aims to become the world's
second largest economy in 25 years
until 2047, when it celebrates 100
years of independence
Government policy to balance the
economy with CN
•
Goal of achieving
carbon neutrality
FY2022
FY2023
FY2024
FY2030
2047
2070
India is a market with growth prospects in the medium to long term
Suzuki Motor Corporation, 2023. All rights reserved.
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