🚗 Maruti Suzuki export agreement

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The carmaker signed an agreement to export cars from the Kamarajar port.

What’s it about? Maruti Suzuki India has signed an agreement to export passenger vehicles from the port for five years. The automobile company began exporting in 1986. It registered its highest-ever exports in FY2021-22 with more than 2.38 lakh units to more than 100 countries. It’ll continue exports from the Mumbai, Mundra, and Pipavav ports.

  • The company will export to Africa, the Middle East, ASEAN countries, and Latin America. The port has commissioned a car-cum-general cargo berth to be developed.
  • A partnership between Maruti Suzuki and Toyota involved the Grand Vistara manufactured at the latter’s Bidadi plant in Maharashtra. The Kamarajar port has a capacity for 14,000 cars.

Who said what? Hisashi Takeuchi, MD & CEO of Maruti Suzuki India, said exporting from the Kamarajar port will help the company increase its customer base and help decongest the other ports it uses. Sunil Paliwal of the Kamarajar port said the partnership would help augment their operations.

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