Maruti Suzuki which is the most trusted and loved brand in India, has achieved something huge on the world stage, as the company is now ranked eighth among
the most valuable automakers globally, with a market capitalization of USD 57.6 billion, which means Maruti Suzuki is now valued higher than some global brands like Volkswagen, Ford, and General Motors. So, how did India’s favorite small-car maker make it to the top league? The answer to this question it the revised GST structure in India. With the new tax regime, Maruti’s popular pocket-friendly cars like the Alto, S-Presso, and WagonR have become even more affordable, attracting more customers. This made customer bookings high, and at the same time, foreign investors began looking at Indian auto stocks with renewed interest. Let’s have a look at the bigger global picture:
- Tesla is still way ahead at the top with USD 1.4 trillion market cap.
- Toyota comes next at USD 314 billion, followed by China’s BYD at USD 133 billion.
- Ferrari at USD 92.7 billion, BMW at USD 61.3 billion, and Mercedes-Benz at USD 59.8 billion round up the top ranks.
Right behind them is Maruti Suzuki at USD 57.6 billion, ahead of Volkswagen at USD 55.7 billion, General Motors at USD 57.1 billion and Ford at USD 46.3 billion.
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This achievement proves that Indian carmakers are no longer just local heroes, as Maruti Suzuki, which started by making affordable family cars and most loved Indian Brand, is now competing with the giants of the automotive world. It is for sure a proud moment for India’s auto industry and shows the growing global confidence in our homegrown brands.
With electric vehicles (EV), hybrids, and global expansion on the horizon, Maruti Suzuki might just climb even higher in the global rankings soon, making India more proud.
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