Maruti zips past 80-lakh-mark in 25 years | business | Hindustan Times
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Maruti zips past 80-lakh-mark in 25 years

business Updated: Aug 09, 2009 10:27 IST

Embarking on its journey 25 years ago with just over 800 units, the country's largest car maker, Maruti Suzuki India, has driven past the milestone of producing 80 lakh cars.

Since the rollout of the first 'Maruti 800' from its Gurgaon plant on December 14, 1983, the company has so far produced a total of 81,05,228 cars of its 14 models as on July 31 from its Gurgaon and Manesar facilities.

Maruti 800 alone accounts for over 27 lakh units, of which more than 25 lakh units were sold in the domestic market and the rest exported.

"It is very good to see that Maruti has been achieving many milestones in recent months. Twenty five years ago when we set out our journey, the objective was to modernise the Indian automotive industry and I think we have achieved that," Maruti Suzuki India (MSI) Chairman R C Bhargava told PTI.

The company has passed through many memorable moments in these years and overall it was a "steady and satisfactory" journey, although with some "bumps" on the way, he added.

"Delivery of the first car by then Prime Minister Late Indira Gandhi was the happiest moment for me," said Bhargava, who has been associated with the company since its inception in 1981.

In the first year of operation in 1983, the company had produced just 844 units of M800. At that time, it had an installed capacity of only 40,000 units a year.