Maruti Suzuki becomes the first Indian carmaker to sell 3 crore cumulative cars since inception, led by Alto, Wagon R and Swift — CEO says mobility drive continues.
Maruti Suzuki Achieves Unmatched Milestone in Indian Auto Industry
Maruti Suzuki India Ltd. has become the first Indian carmaker to record cumulative sales of three crore vehicles since the company’s inception, underscoring its dominance of the passenger vehicle market in India. The company sold its first crore in 28 years and two months, the second crore in 7 years and five months, and the third crore in 6 years and four months, reflecting accelerating demand and product refresh cycles.
Top-selling models that powered this milestone include the Alto (>47 lakh units), Wagon R (>34 lakh units) and Swift (>32 lakh units), while newer SUVs such as Brezza and Fronx feature among the company’s current best sellers — evidence of the SUV shift affecting even small-car leaders. This model mix demonstrates how Maruti’s broad portfolio across entry hatchbacks and compact SUVs sustained long-term volume growth.
CEO Hisashi Takeuchi said the milestone is significant but noted that car penetration in India is still low — about 33 vehicles per 1,000 people — leaving substantial scope for growth as incomes rise and regional mobility improves. The company framed the achievement as part of a continued commitment to expand mobility access while balancing environmental and economic responsibilities. That messaging aims to reassure investors and consumers that growth will be managed alongside sustainability goals.
Markets reacted mildly: Maruti Suzuki shares slipped about 1.8% on the BSE the same day, even as the market overall closed lower. Analysts point out that while milestones bolster brand prestige, near-term stock moves reflect broader market sentiment and sector rotations rather than company fundamentals alone. For auto sector watchers, the milestone renews focus on volume leadership, localization strategy, dealer reach and product cadence as drivers of future growth.
