Maruti Suzuki enters global top 10 carmakers with $57 billion market worth

Maruti Suzuki India has made history by entering the list of the world’s top 10 most valuable car companies. The automaker has achieved the eighth position globally with a market value of nearly $57.6 billion, according to figures cited by the Economic Times.

What makes this achievement even more remarkable is that Maruti Suzuki’s valuation has gone beyond that of its parent company, Suzuki Motor Corporation of Japan, whose market worth is currently around $29 billion. This highlights the growing strength of Maruti’s position in the Indian market as well as its growing reputation globally.

By achieving this milestone, Maruti has also overtaken some of the world’s most famous automobile names such as Ford, General Motors (GM), and Volkswagen AG. Industry experts believe that the company’s focus on small cars, its strong customer demand during the festive season, and the positive impact of the new GST 2.0 reforms have all contributed to this rise in value.

Global ranking of carmakers

Maruti Suzuki now ranks just below Honda Motor, which is valued at about $59 billion, but has climbed ahead of giants such as Ford ($46.3 billion), GM ($57.1 billion), and Volkswagen AG ($55.7 billion). These companies, long known as global leaders, have seen their positions either remain stagnant or slip slightly, allowing Maruti to climb higher.

At the very top of the global list is Tesla, led by Elon Musk, which is far ahead of others with a massive market worth of $1.47 trillion. Following Tesla are Toyota ($314 billion), BYD of China ($133 billion), Ferrari ($92.7 billion), BMW ($61.3 billion), and Mercedes-Benz ($59.8 billion). With its recent jump, Maruti Suzuki is now part of this elite group of global automakers.

Experts say Maruti’s rise shows how important India’s automobile market has become. The company’s strategy of focusing on affordable small cars, which make up more than 60% of its sales, has helped it dominate the Indian market. These cars are especially popular among first-time buyers and middle-class families, keeping demand strong even when the economy slows down.

Boost from GST reforms and festive sales

Another key factor behind Maruti Suzuki’s recent growth is the introduction of GST 2.0 reforms, which came into effect on September 22, 2025. These reforms have simplified tax procedures and brought relief to the automobile sector, which was facing challenges from rising costs and uneven tax structures. Investors have responded positively, boosting Maruti’s market value further.

The festive season has also played a major role in Maruti’s success. According to a senior company official, since the beginning of Navratri, Maruti Suzuki has sold nearly 75,000 vehicles. The company is receiving close to 80,000 customer inquiries every day, which is almost double the usual 40,000 to 45,000 inquiries per day.

Additionally, Maruti is processing around 18,000 new bookings daily. This surge in demand means that waiting periods for some smaller car models may increase, as supply struggles to keep up with the growing interest. Such high customer activity during the festive period further shows Maruti’s strong position in the market.

What this means for India

Maruti Suzuki’s success is not just a business achievement—it is also a reflection of India’s growing strength in the global automobile industry. For decades, Maruti has been seen as the carmaker that brought affordable vehicles to Indian households. Now, by climbing into the top 10 globally, it has proven that Indian companies can compete with global giants on the world stage.

The company’s rise ahead of its own parent Suzuki also indicates how central India has become to the automaker’s overall business. While Suzuki in Japan has struggled with slower growth, Maruti has benefited from India’s large, young population and the increasing demand for personal vehicles.

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Going forward, industry watchers believe that Maruti will continue to benefit from strong domestic demand, government reforms, and its ability to produce cost-effective vehicles for the mass market. Its next big challenge will be adapting to the global shift toward electric vehicles (EVs) and ensuring that it maintains its dominance while also keeping up with new technology.

For now, however, Maruti Suzuki stands tall as one of the world’s most valuable carmakers, a proud moment for the Indian automobile industry and a sign of even bigger possibilities in the future.