Maruti Suzuki trades in green on exports of Indian-made Jimny 5-door SUVs

Shares of Maruti Suzuki India Limited gained 0.7 percent to Rs 10,488 in early trade on October 12, extending gains for the third day in a row.

The country’s leading automobile manufacturer announced that it has started exports of the Jimny 5-Door. “The vehicle will be shipped to places like Latin America, Middle East and Africa,” the company said in a press statement on October 11.

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Unveiled at Auto Expo 2023, the Jimny 5-Door is manufactured exclusively in India. Earlier, in November 2020, Maruti Suzuki had started production of the 3-door Jimny exclusively for exports to areas like Latin America and Africa. In June 2023, it launched Jimny 5-Door for the domestic market.

Also read: Maruti Suzuki offering huge discounts up to Rs 68,000 this festive season

“The Jimny has strengthened Maruti Suzuki’s presence in the SUV
segment,” Hisashi Takeuchi, managing director and chief executive of Maruti Suzuki India Limited. “The India-manufactured Jimny 5-Door in our export portfolio will surely create excitement among our overseas customers.”

Earlier this week, Maruti said it is looking to invest as much as Rs 1.25 lakh crore by 2030-31 to develop 10-11 new models, including six electric vehicles (EVs), and double its annual production to 4 million units. In a presentation, the country’s largest carmaker said it plans to dial up its presence in new vehicle segments, including hybrid, flex fuel and electric, particularly in the sport utility vehicle (SUV) format.

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