Maruti Suzuki, first car-maker to cross 2 crore production mark in India

Maruti Suzuki India Limited (MSIL), on Monday, announced that it has crossed a cumulative production milestone of 20 million vehicles in India since its inception in December 1983.

The company in a statement to the exchanges said that out of the 20 million units, 14.37 million vehicles were manufactured in Gurugram, whereas 5.62 million vehicles were manufactured from the Manesar facility. The company has become the first car-maker in the country to cross the milestone.

At present, the company sells 16 models in the domestic market, whereas it exports to more than 100 countries, including markets like Europe, Japan, Asia, Africa and Latin America.

At 14:14 hours on Monday, Maruti Suzuki was trading at Rs. 9,431.65, up Rs 130.20 or 1.39 per cent on NSE. The stock opened at Rs. 9,448 and touched an intraday high of Rs. 9,562.30 per share on NSE. The stock attracted a traded volume of 2,47,534 shares on NSE.