Suzuki Car Exports from India Grow 18% To Record 333,000

Suzuki Motor’s car exports from India rose 18% to a record high of 333,000 vehicles for the fiscal year ending March, though sales in the key South Asian market remained flat, Yuichi Shiga and Yurika Yoneda reported for Nikkei News.

Suzuki warned that material costs, wage increases, and exchange rates are likely to impact profits for the full year. I Photo: Suzuki Cars

The Japanese automaker is increasingly reliant on India both as its main production hub and as its largest market. Dealer sales in India reached 1.79 million units in 2024, up just 0.1% from the previous year, but they accounted for 55% of Suzuki’s global sales.

Nevertheless, Suzuki warned that material costs, wage increases, and exchange rates are likely to impact profits for the full year.

The company and other Japanese carmakers are reevaluating their business strategies amid threats from the U.S. to impose higher tariffs on goods from its 15 largest trading partners, including Japan.