Motorbikes India Online magazine about motorbikes in India
Suzuki Motorcycle India Pvt. Ltd. (SMIPL) is a subsidiary of Suzuki Motor Corporation, a Japanese multinational corporation specializing in manufacturing automobiles, motorcycles, and other machinery. SMIPL was founded in 2006 to manufacture and distribute Suzuki motorcycles in India, which has since become one of the largest two-wheeler markets in the world.
Since its inception, SMIPL has established itself as a significant player in the Indian motorcycle market, offering a wide range of products, from commuter bikes to high-performance sports motorcycles. The company’s popular models include the Suzuki Access 125, Gixxer, and Hayabusa. SMIPL’s success is mainly due to its focus on providing high-quality products and a wide range of options to meet the diverse needs of Indian customers.
In recent years, SMIPL has experienced significant growth, achieving several milestones in terms of sales and production. With consistent YoY growth and a rapidly expanding product portfolio, the company is well-positioned to continue its success in the Indian motorcycle market.
Growth – April 2023
Suzuki announced a 23.3% YoY sales growth for April 2023, with total sales reaching 88,731 units. The Japanese manufacturer’s Indian arm sold 67,259 units domestically, marking a 23.8% growth, while it shipped 21,472 units abroad, resulting in a 21.59% increase in exports. These consistently booming sales figures are driven by the growing demand for Suzuki two-wheelers in India and overseas markets.
According to Mr. Kenichi Umeda, Managing Director of SMIPL, the company’s impressive sales performance is due to its range of models, including the Access 125, the Gixxer series, and others. He also shared that April 2023 was a progressive month for the company, as it achieved the seven millionth production milestone since its inception in 2006.
Access 125
The Access 125 is a versatile scooter with many features, including a powerful 125cc engine, a fully automatic transmission, and a front disc brake. The scooter also has a spacious seat, ample storage space, and a digital instrument cluster displaying information about speed, fuel level, and more. It provides a comfortable and safe ride, making it popular among commuters and city riders.
Gixxer Models
The Gixxer series, on the other hand, is a range of sporty motorcycles that offer a thrilling riding experience. The series includes the Gixxer SF, Gixxer 250, and Gixxer 155, each with unique features and specifications.
The Gixxer SF, for instance, comes with a fuel-injected 155cc engine, a fully digital instrument cluster, and a stylish design inspired by Suzuki’s racing heritage. Meanwhile, the Gixxer 250 is powered by a 249cc engine that delivers impressive performance, while the Gixxer 155 offers a perfect balance of power and agility.
Month-on-Month Sales
By numbers, SMIPL had a 49% increase in sales for March 2023 compared to the same month in 2022, with total sales for the 2022-23 fiscal year increasing by 24.3% to 9,38,371 units. The company’s recent achievement of surpassing the 70 lakh sales milestone further highlights its growing success in the Indian market.
In short, Suzuki Motorcycle India’s continuous growth in sales is a testament to its commitment to quality and customer satisfaction. With its expanding range of models and consistent innovation, the company is set to continue making strides in the Indian two-wheeler market.
Disclaimer: This article was prepared or accomplished by it's author in their personal capacity. The opinions expressed in this article are the author's own and do not reflect the view of Motorbikes India or it's owners.
