Maruti Suzuki Among World’s Top 10 Carmakers, Valued at $57 Billion

Maruti Suzuki India has achieved a historic milestone by breaking into the world’s top 10 carmakers by market valuation. With a market capitalization of around $57.6 billion, the automaker has secured the eighth position globally, surpassing several international giants. This marks a defining moment not only for Maruti but also for India’s growing influence in the global automotive industry.

Maruti Suzuki’s Global Ranking

According to ETIG data reported by Source, Maruti Suzuki now ranks eighth among the world’s most valuable automakers. The company has overtaken well-established players like Ford, General Motors, and Volkswagen, who have witnessed stagnant or declining valuations.

Currently, Maruti Suzuki stands just below Honda Motor ($59 billion) while surpassing:

• Ford ($46.3 billion)

• General Motors ($57.1 billion)

• Volkswagen AG ($55.7 billion)

This leap demonstrates the company’s resilience and ability to thrive in a competitive global market.

Surpassing Its Parent Company

Interestingly, Maruti Suzuki India has even outshined its parent company, Suzuki Motor Corporation of Japan. While Suzuki’s valuation stands at about $29 billion, Maruti’s market capitalization is nearly double at $57.6 billion. This reflects the strength of Maruti’s presence in India, where it dominates passenger vehicle sales.

Tesla and Global Leaders in Valuation

Globally, Tesla remains the undisputed leader with a staggering valuation of $1.47 trillion, outpacing all other automakers by a wide margin. The ranking of the top carmakers by valuation is as follows:

1. Tesla – $1.47 trillion

2. Toyota – $314 billion

3. BYD – $133 billion

4. Ferrari – $92.7 billion

5. BMW – $61.3 billion

6. Mercedes-Benz – $59.8 billion

7. Honda – $59 billion

8. Maruti Suzuki – $57.6 billion

Maruti’s entry into this elite list is a clear indicator of India’s rising stature in the global automobile sector.

Factors Driving Maruti Suzuki’s Growth

Several factors have contributed to Maruti Suzuki’s meteoric rise in valuation:

Strong Market Share in Small Cars

Small cars continue to form the backbone of Maruti Suzuki’s success, contributing to more than 60% of its total sales. The brand’s affordability and wide model range make it the go-to choice for Indian consumers.

Boost from GST 2.0 Reforms

The recent GST 2.0 reforms introduced on September 22 have played a significant role in increasing investor confidence. These reforms simplified the tax structure, giving Maruti Suzuki a competitive edge in pricing and profitability.

Consistent Demand and Bookings

Consumer demand for Maruti Suzuki cars has remained robust, with consistent sales momentum in both urban and rural markets. This demand has further pushed the company’s growth trajectory.

Navratri Sales Surge: 75,000 Units Sold

Festive demand has added another layer of growth to Maruti’s success story. Since the start of Navratri, Maruti Suzuki India has recorded retail sales of 75,000 units.

Increase in Customer Inquiries

A senior company official revealed that the brand is currently receiving 80,000 inquiries daily, nearly double the usual 40,000–45,000 inquiries before the festival season.

Rising Bookings

Daily bookings are also surging, with Maruti Suzuki processing close to 18,000 bookings per day. This surge in demand may lead to waiting periods for certain small car variants.

Significance for Indian Automotive Industry

Maruti Suzuki’s entry into the global top 10 automakers is not just a company milestone but also a matter of national pride. It shows how Indian automakers are now capable of competing with and even surpassing global brands.

With a strong focus on affordable cars, robust distribution, and growing demand, Maruti Suzuki is set to remain a dominant force in both the Indian and global automotive markets.

Conclusion

Maruti Suzuki India’s remarkable climb to the eighth spot among the world’s most valuable automakers underscores its strong consumer demand, financial growth, and strategic market positioning. Surpassing global legacy players and even its parent company, Maruti’s story reflects the growing power of India’s automobile sector on the world stage. With strong festive sales and an optimistic outlook, Maruti Suzuki’s journey appears only to be accelerating further.