Indian Economy News

With Rs. 5,10,970 crore (US$ 57.6 billion) valuation, Maruti becomes eighth most valuable carmaker globally

  • IBEF
  • September 29, 2025

Maruti Suzuki India has entered the top tier of global automakers, ranking eighth worldwide by market capitalisation at around Rs. 5,10,970 crore (US$ 57.6 billion), surpassing Ford Motor Rs. 4,10,727 crore (US$ 46.3 billion), General Motors Rs. 5,06,534 crore (US$ 57.1 billion), Volkswagen AG Rs. 4,94,115 crore (US$ 55.7 billion), and even its Japanese parent, Suzuki 2,57,259 crore (US$ 29 billion), according to ETIG data reported by The Economic Times. Tesla remains the global leader with a market cap of Rs. 13,040,370 crore (US$ 1.47 trillion), followed by Toyota Rs. 27,85,494 crore (US$ 314 billion) and BYD Rs. 11,79,843 crore (US$ 133 billion). In comparison, Maruti sits just behind Honda Motor Rs. 5,23,389 crore (US$ 59 billion).
Maruti, India’s largest carmaker, has benefited significantly from the next-generation Goods and Services Tax (GST) reforms implemented on September 22, 2025, which reduced taxes on small cars. This segment contributes over 60% of its sales. Price cuts of up to Rs. 1,30,000 (US$ 1465) across models such as Alto K10, S-Presso, Celerio, and Wagon R have boosted affordability, driving daily bookings of 15,000 units and 30,000 deliveries on the first day of Navratri. The reforms, coupled with strong festive demand, have strengthened Maruti’s earnings outlook and propelled its stock, which has rallied 25% since mid-August, outperforming the Nifty Auto Index.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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