Maruti Suzuki India Lts(MSIL) crosses 15 lakh units milestone in cumulative exports Friday Sep 23,2016

Maruti Suzuki exports cross 15 lakh vehicles

Maruti Suzuki India Lts(MSIL) Friday Sep 23,2016 announced crossing the milestone of 15 lakh

vehicles in its cumulative exports.

"These vehicles have been exported to over 100 countries including Europe, Latin America and Africa. Early this year, the company's premium hatchback Baleno, manufactured exclusively in India, became the first car to be exported from India to Japan," the company said in a statement.

MSI had started exports to Europe in 1987-88, when a small number of cars were sent to Hungary.

"Thereafter, exports have grown at a steady pace, as new models and markets were added from time to time. Although exports business is inherently subject to economic and policy changes in the destination countries, the company has been able to maintain an upward trend in exports over the years," it said.