The Sarkar of Indian cars
Suzuki’s share of Indian car market is more than 50%
Suzuki’s share of Indian car market is more than 50%
Maruti declared FY18 numbers
Maruti declared profit worth INR 7700 crore.
Their revenue increased by 17% to INR 78100 crore.
How big is Maruti?
They are the tau of the car industry.
They sell every second car in the market.
In FY18 they sold 17.7 lakh cars. The rest of the brands combined together sold as many cars.
Country’s top five most selling cars are Maruti.
What is the impact of Maruti?
Maruti invested, mentored and trained original equipment suppliers. They built a model, which others followed such as Honda/ Yamaha/ Kawasaki for two wheelers.
Once OEM were small players. Now they are multi billion dollar brands, serving other car brands.
Motherson Sumi’s FY 17’s annual revenues was INR 32000 crore .
Sona Group’s FY 20 revenue may touch INR 10,000 crores.
Minda Industry’s revenue in FY 18 is INR 2000 crore.
Subros’ annual revenue is in tune of INR 2000 crores.
Worth reading: How Suzuki India turned around a difficult phase into a success story. Remember labour unrest in Manesar.
Fun Facts:
Suzuki started as a loom manufacturing company.
Then they made motorised cycles in 1950s. They are world’s 9th largest.
Their first mini vehicle 360cc engine, similar to that of Bullet motorcycle.
Worth Watching: A documentary on Suzuki’s motorcycles