Maruti Suzuki India Ltd - Company Profile
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Business Description
Maruti Suzuki India Ltd (Maruti Suzuki), a subsidiary of Suzuki Motor Corp, manufactures and sells motor vehicles, components, and spare parts in India, Africa, Asia, Oceania, and Latin America. It operates two manufacturing plants in Gurugram and Manesar with an annual installed capacity of 1.3 million units.
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R&D Overview
The company carries out R&D operations through its R&D center in Rohtak, Haryana. Its R&D efforts focus on modernizing the Indian auto industry with Suzuki’s product and technology offerings. It also intends to introduce new technologies in lighting, interiors and exteriors; enhance its capabilities for electric vehicle, hybrid electric vehicle; and develop light weight and efficient small cars. In FY2023, the company invested INR7,650 million on its R&D, which stood at 0.6% of revenue. In FY2023, it applied for 132 patents and obtained 63 patents.
Other Break-up
Performance
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Performance
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Geographical Segments
Performance
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Performance
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