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Fuelled by Maruti power, India leaps onto Toyota's top five
Financial Express Delhi
|April 23, 2025
INDIA LEAPFROGGED SEVERAL spots last year to become Toyota's fourth-largest market — its highest ranking since the Japanese brand entered the country in 1997.
INDIA LEAPFROGGED SEVERAL spots last year to become Toyota's fourth-largest market — its highest ranking since the Japanese brand entered the country in 1997. This growth was largely driven by Suzuki-developed products rebadged for Toyota.
Rising from 10th place at the end of 2022, the Indian market climbed to 4th spot for Toyota Kirloskar by the close of 2024. During this period, the company nearly doubled its sales to 300,000 units, overtaking key markets such as Indonesia, Thailand, Australia and Canada. India is now a bigger market for Toyota than any in Europe, including the UK.
This story is from the April 23, 2025 edition of Financial Express Delhi.
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