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Maruti Suzuki speeds up to claim 55% share in the Indian car market

There are about a dozen manufacturers operating in the Indian market, but only two have a double-digit share and most others have sub-5% share

Topics
Maruti Suzuki Market Share  |  Hyundai  |  Maruti Suzuki Alto

Ajay Modi  |  New Delhi 

If you thought Maruti Suzuki’s 50 per cent share in the Indian car market is abnormally high, more surprise is in store for you. After expanding its share from 45 per cent in 2014-15 to 50 per cent in 2017-18, the car major has not lost speed. The recent numbers show that the Suzuki-owned company is now inching towards a 55 per cent share as rivals struggle to keep pace.

This will be its highest market share in India in at least two decades. Going by the current speed, Maruti looks well placed to exit 2018-19 with a share of 53-54 per cent, if not more. The data for the ...

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First Published: Mon, June 11 2018. 07:01 IST