Maruti Suzuki eyes significant increase in exports by 2030: MD, CEO
Maruti Suzuki India (MSI) is looking at a significant increase in its overseas shipments by 2030, MD and CEO Hisashi Takeuchi said on Tuesday.
Speaking at the 64th annual session of industry body SIAM here, he noted that the automaker's overseas shipments will witness "multiples of growth" in coming years.
"There is no reason why India should not target a big pie of global trade. As Maruti Suzuki, I can tell you we are not talking about percentage growth but in terms of multiples of growth. So, our exports from India today are three times of what we had four years ago. Not only that, our exports will be 3 times of today in about 6 years from today," Takeuchi said.
The company is already exporting some vehicles back to Japan, he said.
Last month Maruti Suzuki commenced export of its sports utility vehicle Fronx to Japan.
The first consignment of over 1,600 vehicles left for Japan from Gujarat's Pipavav port.
Fronx is the first SUV from the MSI stable to be launched in Japan.
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