Maruti Suzuki's breezy FY17 ride makes it BS Star MNC of the Year 2016

Maruti Suzuki is at pole position in Suzuki's global operations as sales, profit soar

The country’s top car-maker, Maruti Suzuki India Ltd (MSIL), has never had a better ride. It sold a record number of cars in the first nine months of 2016-17, clocking its best revenue and profits. The company has not only grown its share in the domestic market, but has also improved its product portfolio by launching new and premium models, including sports utility vehicles (SUVs). This helped in a higher realisation per vehicle. In spite of rising competition from rivals, the car-maker now has 47.3 per cent share of the passenger car market, slightly higher than the 46.8 per cent