New Delhi: Maruti Suzuki and Honda Cars India have clocked a strong build up in exports to the Japanese marketplace, reflecting the making improvements to high quality and acceptance of India-made vehicles in advanced markets. According to figures compiled through the Society of Indian Automobile Manufacturers (SIAM), India’s automobile exports to Japan jumped to $616.45 million within the first 9 months (April-December) of 2024-25, which represents a on the subject of 3-fold soar over the $220.62 million value exports in complete monetary 12 months of 2023-24.
The largest export vacation spot for Maruti Suzuki’s off-roader game application automobile (SUV) Jimny, is Japan. Mexico, Australia, and South Africa are recently the highest 4 export markets for this automobile. This is the second one SUV after the Fronx that the corporate is exporting to its mother or father corporate in Japan. The corporate exports its Fronx SUVs to Japan from its Guajart plant, with the consignments being shipped out from the Pipavav Port within the state.
Maruti introduced the Jimny in India in June 2023 and began exporting it to quite a lot of international locations in Latin America, the Middle East, and Africa from October 2023. While over 22,000 gadgets of this five-door automobile had been exported from India in 2023-24, the corporate had already exported over 38,000 gadgets of the Jimny within the first 9 months of 2024-25.
Honda Cars India exported 45,167 gadgets of the SUV Elevate right through the primary 9 months of 2024-25, basically to Japan, which is two times the collection of gross sales of this automobile in India. The corporate introduced the auto in Japan within the 3rd week of March, the place it’s being bought because the Honda WR-V. It is the corporate’s first made-in-India automobile to move on sale in Honda’s house marketplace, Japan.
The WR-V logo used to be discontinued in India in 2023. However, the moniker is in use globally. The export of the auto started round December-January, and it used to be introduced formally in March.
In the two-wheeler section, Yamaha India additionally has plans to export its top rate R15 motorcycle fashion to Japan, as the price of production in India is way decrease. This displays India’s attainable as an auto production hub even for complicated international locations.
Overall, India’s automobile exports rose 15 consistent with cent to 7,70,364 cars in FY23, outpacing the 2 consistent with cent expansion in home gross sales. Compact SUVs now represent over 25 consistent with cent of exports, with mid-sized passenger vehicles and application cars additionally seeing sturdy call for. Industry avid gamers purpose to extend the export percentage to 30 consistent with cent inside 5 years, in line with a SIAM record.
This used to be the most efficient ever annual efficiency, pushed through call for for international fashions being manufactured in India. With production high quality making improvements to, some firms have additionally commenced exporting to advanced markets, in line with a SIAM remark.