Meeting Number: 9

Day of Meet: 21/11/2019

Members Present:

 Arnnava Sharma(2019PGP140)
 Darsh Doshi (2019PG150)
 Kurja Rathore(2019PGP163)
 Manish Vashisht(2019PGP164)
 Praveen Pandey(2019PGP173)
 Sumedha Arya (2019PGP188)
 Meeting Chaired By: Sumedha Arya (2019PGP188)

Agenda of the Meeting: Maruti Suzuki reports 1.9% dip in sales at 1,50,630 units in

November

Manish Vashisht: Maruti Suzuki, the country's largest car manufacturer, has announced crossing
the 20 million sales milestones in India. With this, the Indo-Japanese carmaker has become the
first and the only Indian car manufacturer to have achieved this landmark number yet.

Sumedha Arya it took the company a good 29 years to cross first 10 million sales milestone, the
next 10 million cars were sold in a record time of just 8 years, crossing the 20 million mark in
less than 37 years. It all began with the roll-out of the first Maruti 800 car, on December 14,
1983, one of the most iconic cars in India.
Darsh Doshi: The one-million Maruti Suzuki car was sold in less than 2 years from that day. 10
years later, between the year 2005-06, the company crossed the 5 million sales milestones,
while the next 5 million cars were sold within the next 5 years, by 2011-12. From there, it took
Maruti Suzuki India just 4 years to breach the 15 million sales milestones, and just 2 years to
sell the remaining 5 million cars.
Arnnav Sharma: Talking the company's latest sales achievement, Kenichi Ayukawa, Managing
Director & CEO, Maruti Suzuki India Limited said, "We are overwhelmed with this new record.
Achieving this milestone is a great accomplishment for Maruti Suzuki, as well as our suppliers
and dealer partners. We are thankful for the immense trust placed in us by the customers, long-
lasting partnerships with our stakeholders as well as the support extended by the Government.
Maruti Suzuki was incorporated with a mission to put India on wheels. A mission where every
Indian family could fulfil its dream of owning a car, which we continue to work towards."
Kurja Rathore: Over the last years, Maruti Suzuki has become the undisputed leader of the
Indian carmaker, with the largest market share. In addition to petrol and diesel cars, Maruti
Suzuki has introduced factory-fitted CNG vehicles as well as Smart Hybrid vehicles in the Indian
market, and it was also among the first carmakers to adopt BS6 emission standards well before
the stipulated period.
Praveen Pandey: In fact, currently, 70 per cent of the company's fleet is BS6 compliant with 8
models and has already sold over 3 lakh BS6 complaint cars in India. As for the next step, the
company along with its parent, Suzuki Motor Corporation, aims to introduce a small EV for the
Indian market. Currently, it is road-testing 50 Electric Vehicle prototypes across the country to
check their real-life performance in multiple terrains and varied climatic conditions.