Maruti continues to dominate India’s passenger car market especially in the small and entry-level segments.

Maruti Suzuki has emerged as one of the biggest beneficiaries of the recent changes in GST rates as it saw a strong rally in its stock. The company is now ranked as the eighth most valuable auto manufacturer globally. It has also become the first Indian company which has entered the top 10 list.

Maruti Suzuki’s MCAP Surge After GST 2.0

According to ETIG data, Maruti Suzuki’s market capitalization has climbed to $57.6 billion, surpassing auto giants like Ford Motor ($46.3 billion), General Motors ($57.1 billion), and Volkswagen ($55.7 billion). Maruti’s valuation is even higher than its Japanese parent company, Suzuki Motor ($29 billion).

Since August, Maruti Suzuki shares have su

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