New Delhi:Maruti Suzuki India Limited took the lead in auto exports from the country during the fiscal year ended March 31, 2022. The automaker was followed by Hyundai Motor India and Kia India in second and third place respectively.
Overall, India’s passenger car exports grew 43% in FY22 to 5.77 lakh units, from 4.04 lakh units in FY21.
The best-selling export model in the country stood out as Maruti Suzuki’s Dzire, growing more than 300% from the previous fiscal year, when it didn’t even make the Top 10 list. Then the Baleno and Swift models followed. In FY21, Baleno was ranked No. 9 and Swift failed to make the list.
Maruti Suzuki started exporting vehicles in 1986, and the first major shipment of 500 cars went to Hungary in September 1987. Today, it exports to more than 100 countries, and its main passenger car export markets are Latin America, ASEAN, Africa, the Middle East and neighboring regions.
The company, which had only two models (S-Presso and Baleno) in its list of Top 10 cars exported from India in FY21 in FY21, has now increased the number to four in FY22, while also making the top three of its class conquered.
Maruti Suzuki noted that it exported a record 238,376 units in total in fiscal year 2021-22, the highest in any fiscal year.
This was followed by Hyundai whose Verna sedan, Creta SUV and Grand i10 hatchback made the list. While Verna witnessed a marginal decline, the other two models reported export growth from the previous fiscal year.
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Kia India’s best-selling model Seltos also reached the top 5 in FY22, albeit with a marginal decline of 1.3%. In FY21, the model was number 3.
Nissan Sunny and Volkswagen Vento were also among the top 10 cars to be exported from India in 2021-2022. While the Sunny sedan grew 4.1% last year, it fell three positions – from number five in FY21 to number 8 in FY22. Shipments for the Vento sedan were also up 22.4%, but ranked sixth for two consecutive years.
Ford’s EcoSport model, which took the top export position in FY21, was nowhere to be found in the FY22 listing. Shipments fell from 39,750 units in FY21 to 15,382 units in FY22, a year-over-year decline of 61.3%. Ford India stopped manufacturing vehicles in India in September last year.
Chevrolet Beat is another model that was ranked #4 in FY21 but was not on the list this year. The model shipped 28,619 units in FY21, falling to zero in FY22. Its parent company General Motors, which left the Indian market in 2017, used its Talegaon plant to produce cars for export until 2020 and has since ceased to function.