Maruti Suzuki Sees Limited Exposure to US-Iran Conflict Despite 12.5% Middle East Exports
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Maruti Suzuki: Middle East Exports 12.5%, Limited Exposure to US-Iran War Impact
M
Moneycontrol•02-03-2026, 01:35
Maruti Suzuki: Middle East Exports 12.5%, Limited Exposure to US-Iran War Impact
•Maruti Suzuki states Middle East accounts for 12.5% of its total exports, indicating limited direct exposure to US-Iran war tensions.
•Company exports to nearly 100 countries, ensuring a diversified and de-risked portfolio across Latin America, Africa, Asia, Europe, and the Middle East.
•Maruti Suzuki's export volumes surged 33.75% year-on-year to 400,734 units in April-February FY26, surpassing its annual target.
•The e Vitara, Maruti Suzuki's maiden EV, has crossed 21,000 export units and is shipped to 39 countries including the UK, Norway, and Germany.
•Prolonged geopolitical tensions could impact shipping, freight costs, oil prices, and consumer sentiment in the Middle East, affecting Indian PV exporters.
