Maruti Suzuki India (MSI) Managing Director and Chief Executive Officer Hisashi Takeuchi on Tuesday said the company expects a significant increase in its overseas shipments by 2030.
Speaking at the 64th annual session of industry body SIAM here, he said the automaker's overseas shipments would see “multi-fold growth” in the coming years.
“There is no reason why India should not aim for a larger share of global trade,” he said.
As Maruti Suzuki, I can tell you that we are not talking about percentage growth, but in terms of multiples of growth.
So, today our exports from India are three times what they were four years ago. Moreover, about six years from now our exports will be three times what they are today,” Takeuchi said.
He said the company is already exporting some vehicles to Japan.
Last month, Maruti Suzuki started exporting its sports utility vehicle Frontx to Japan.
The first consignment of over 1,600 vehicles left for Japan from Pipavav port in Gujarat.
The Fronx is MSI's first SUV to be launched in Japan.
MSI exports have increased by 1,85,774 units between FY 2021 and FY 2024.
Takeuchi said that in the domestic market, it is considering using all kinds of technologies in its cars to tackle carbon emissions.
He said that besides electric and strong hybrid cars, the auto maker will also consider developing models based on bio-fuel and hydrogen. “We will use all technologies to tackle carbon emissions and oil consumption,” Takeuchi said.
He said the automaker will have a high-specification EV with a range of 500 kilometres and powered by a 60 kilowatt-hour battery. “We will have several such products.
Takeuchi said all our products, services, solutions and communications will be centered on a single theme – “enhancing customer confidence.” He added that the auto major will export the same EVs to markets like Europe and Japan to boost customer confidence.
“In addition, we will bring a variety of solutions to our EV customers to address their concerns related to EV purchase. We will use the strength of our network to assure customers of after-sales support,” Takeuchi said.
He said the company will also use technologies or powertrain options such as hydrogen, strong hybrid, biofuels to minimise oil consumption and CO2 emissions.
Takeuchi said, “When we talk about biofuels, many of us don't know that India is sitting on a huge reservoir of natural resources.” He said India has got huge human resources, agricultural resources and animal resources and all of these generate some or the other bio-waste.
These can be converted into biofuels and have very low carbon emissions and are sometimes actually carbon-negative, Takeuchi said.
He said, “Although there are many countries in the world that are harnessing the power of biofuels, I believe India can soon become the number one country in the world in terms of biofuels and the rest of the world can start learning from India.”
“Given India's size and unique context, we do not need to copy solutions from the rest of the world,” Takeuchi said.
Supporting deeper localisation, he also emphasised on reducing dependence on imports of various critical components.
“This is important because a country of India's size needs to be self-sufficient across the entire value chain and virtually eliminate dependence on imports,” Takeuchi said.
He said that the country also needs this because only the manufacturing sector can generate large scale employment for the youth and make India a developed nation from today.
