Toshihiro Suzuki, the representative director and president of Suzuki Motor Corporation, has said that India has the potential to become the No. 1 automotive market in the world. He said that small cars can play an important role in this. At the Auto Expo 2023, in an interaction with reporters, he also said that electric vehicles cannot be the only solution for carbon neutrality and the company will also look at other technologies like flex fuel, hybrid and CNG.
Need to follow traffic rules strictly: Suzuki
Apart from this, Suzuki said that for automobiles, issues related to safety have become important. At the same time, there is also a need to develop adequate infrastructure to strictly follow general traffic rules and ensure road safety.
The President of Suzuki said that he can see that a time will also come when India can be in a position to become the number one country for automobiles. He said that Maruti Suzuki and Suzuki as a group, we would like to take advantage of this opportunity. According to them, they would like to develop technology to provide the right mobility solutions to this market.
Wherein Suzuki refused to share the possible timeline for India to reach the top. At the same time, he emphasized that when he says that India can become number 1, it is from the point of view that India has the potential to become number one and he can see that there is a possibility that India can become number one. Can be number one.
India is the third largest auto market
In the year 2022, India will overtake Japan to become the third largest automotive market in the world. China and America are ahead of India in this matter. India has sold an estimated 42.5 lakh units.
Let us tell you that China topped the global auto market in 2021 with the sale of 26.27 million vehicles. The US stood second with 15.4 million vehicles, followed by Japan with 4.44 million units. In 2018, around 4.4 million vehicles were sold in India, but volumes fell to less than 4 million in 2019, mainly due to the credit crunch in the non-banking sector that year.
