Maruti Suzuki Aims for Significant Export Growth by 2030 with Focus on Alternative Fuels
Key Ideas
  • Maruti Suzuki plans to witness significant growth in overseas shipments by 2030, aiming for multiples of the current levels and focusing on alternative fuel technologies like hydrogen.
  • The company is already exporting vehicles to Japan, with recent shipments of the sports utility vehicle Fronx, marking a strategic move towards global markets.
  • Maruti Suzuki is committed to reducing carbon emissions by exploring various technologies such as biofuels and hydrogen, aiming to offer high-specification EVs to increase customer confidence.
  • The CEO emphasized the importance of deep localization and self-reliance in the manufacturing sector to create job opportunities and elevate India's status as a developed nation.
Maruti Suzuki India (MSI) is planning a remarkable increase in its overseas shipments by 2030, targeting substantial growth beyond current levels. The company, led by MD and CEO Hisashi Takeuchi, highlighted a strategic shift towards introducing alternative fuel technologies like biofuels and hydrogen to combat carbon emissions effectively. The recent export of the Fronx SUV to Japan signifies Maruti Suzuki's dedication to expanding its global presence. Furthermore, the automaker aims to offer high-range electric vehicles with advanced features to enhance customer confidence and promote eco-friendly transportation. Takeuchi emphasized the significance of utilizing natural resources like bio-waste for biofuel production, positioning India as a potential global leader in this sector. The focus on deep localization and reducing import dependence underscores Maruti Suzuki's commitment to fostering self-reliance and creating job opportunities at scale in the manufacturing sector, contributing to India's development goals.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.