Maruti Suzuki's Fronx Sets Record as Fastest Indian SUV to Reach 1 Lakh Exports

1 min read     Updated on 24 Jul 2025, 12:58 PM
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Jubin VergheseBy ScanX News Team
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Overview

Maruti Suzuki's Fronx SUV has become the fastest Indian SUV to reach 1 lakh exports in just 25 months. Launched in India in April 2023, it began exports in June 2023 to Latin America, the Middle East, and Africa, with Japan as a key market. The Fronx was India's most exported passenger vehicle in FY 2024-25 with over 69,000 units shipped to more than 80 countries. Maruti Suzuki exported a record 3.30 lakh units in FY 2024-25, a 17.50% increase from the previous year. In Q1 FY 2025-26, the company captured 47.00% of India's passenger vehicle exports. The Fronx also saw strong domestic demand, selling 1.66 lakh units in India in FY 2024-25.

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Maruti Suzuki India Limited (MSIL) has achieved a significant milestone with its Fronx SUV, setting a new record in the Indian automotive industry. According to a recent SIAM report, the Fronx has become the fastest SUV from India to reach 1 lakh exports, accomplishing this feat in just 25 months.

Rapid Global Expansion

Launched in India in April 2023, the Fronx quickly made its way to international markets. The SUV began its export journey in June 2023, targeting key regions such as Latin America, the Middle East, and Africa. Notably, Japan has emerged as a significant market for the Fronx.

Export Performance

The Fronx's export performance has been remarkable:

  • It claimed the top spot as India's most exported passenger vehicle in FY 2024-25, with over 69,000 units shipped overseas.
  • The SUV is now exported to more than 80 countries worldwide.
  • Maruti Suzuki's Gujarat facility serves as the exclusive manufacturing hub for the Fronx, catering to both domestic and international demands.

Maruti Suzuki's Export Prowess

The success of the Fronx has contributed significantly to Maruti Suzuki's overall export performance:

  • The company exported a record 3.30 lakh units in FY 2024-25, marking a 17.50% increase from the previous year.
  • In Q1 FY 2025-26, Maruti Suzuki captured a 47.00% share of India's passenger vehicle exports, with over 96,000 vehicles exported.
  • The company's export portfolio includes 17 models, which are shipped to nearly 100 countries.
  • Other top export models from Maruti Suzuki include the Jimny, Baleno, Swift, and Dzire.

Domestic Success

While making waves in the export market, the Fronx has also seen strong demand in its home market:

  • In FY 2024-25, the Fronx sold 1.66 lakh units in India.
  • The SUV is priced between Rs 7.54 lakh and Rs 13.06 lakh in the domestic market.

This export milestone underscores Maruti Suzuki's strong position in both domestic and international markets, highlighting the global appeal of Indian-manufactured vehicles. The Fronx's success story serves as a testament to the company's manufacturing capabilities and its ability to meet diverse consumer preferences across various international markets.

Historical Stock Returns for Maruti Suzuki

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Maruti Suzuki's NCLAT Hearing for CCI Matter Scheduled for August 12, 2025

1 min read     Updated on 23 Jul 2025, 10:33 PM
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Reviewed by
Shriram ShekharBy ScanX News Team
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Overview

Maruti Suzuki India Limited has announced that the National Company Law Appellate Tribunal (NCLAT) has scheduled the next hearing date for their Competition Commission of India (CCI) matter on August 12, 2025. The company has also scheduled an earnings call for Q1 FY 2025-26 on July 31, 2025, and introduced 6 airbags in its XL6 model, resulting in a price increase of up to 0.80%.

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*this image is generated using AI for illustrative purposes only.

Maruti Suzuki India Limited , one of India's leading automobile manufacturers, has announced an update regarding its ongoing case with the Competition Commission of India (CCI). The company has informed the stock exchanges that the National Company Law Appellate Tribunal (NCLAT) has scheduled the next hearing date for their CCI matter on August 12, 2025.

Case Background

This announcement follows a previous communication from the company dated July 15, 2025, regarding the same CCI matter. While the specifics of the case remain undisclosed, the ongoing legal proceedings suggest a significant matter involving competition law issues.

Official Notification

The notification was signed by Sanjeev Grover, Executive Officer and Company Secretary of Maruti Suzuki India Limited. In the official communication to the stock exchanges, Mr. Grover stated, "We would like to inform you that National Company Law Appellate Tribunal (NCLAT) has notified the next date of hearing and the case is listed on 12th August 2025."

Implications for Investors

While the outcome of the hearing remains uncertain, investors and stakeholders will be keenly watching this case as it could potentially impact the company's operations or financial standing. However, it's important to note that at this stage, no conclusions can be drawn about the potential results of the hearing.

Other Recent Developments

In addition to the CCI matter, Maruti Suzuki has made several other announcements:

  1. Earnings Call: The company has scheduled an earnings call for analysts and investors for Quarter 1 of FY 2025-26 on Thursday, July 31, 2025, at 5:00 p.m.

  2. Safety Enhancement: Maruti Suzuki has introduced 6 airbags in its XL6 model, effective July 23, 2025. This safety upgrade will result in an ex-showroom price increase of up to 0.80% for the XL6 model.

These developments showcase Maruti Suzuki's ongoing commitment to investor communication and product improvement, even as it navigates legal challenges.

As the August 12 hearing approaches, market observers will be closely monitoring any further updates from Maruti Suzuki regarding this CCI matter and its potential implications for the company's future operations.

Historical Stock Returns for Maruti Suzuki

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+0.52%+2.03%+14.91%+16.27%+16.92%+102.67%
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