Maruti beats Samsung to regain position as no.1 customer-facing MNC in India

TusharK · 25th October 2022, 17:02

Maruti Suzuki has regained its position as the largest customer-facing MNC in India, after Samsung India posted lower revenues in FY2022.

Maruti beats Samsung to regain position as no.1 customer-facing MNC in India-screenshot-20221025-170012.jpg

According to a media report, Samsung India’s revenue soared by 8.6% to Rs 82,451 crores in FY2021-22, whereas Maruti posted revenue of Rs 88,295 crore. The Korean smartphone maker's revenue had surpassed that of India's largest carmaker in FY2021.

The mobile phone business accounts for 67% of Samsung’s total turnover. It alone contributed Rs 55,201 crores towards revenue. The company’s home appliance business makes up 12% with a turnover of Rs 9,981 crores.

Despite growth in revenue, Samsung India’s net profit fell by 4.9% to Rs 3,844 crores.

Source: Economic Times

Link to Team-BHP News

batish · 25th October 2022, 18:06

Been using their flagships since quite some time. Frankly, the features they offer and convenience it brings in life is ultimate. I stopped carrying my wallet as phone was enough for carrying everything a wallet has, from credit/debit cards to driving license.

Good for them. Way to go Samsung!

Mustang_Boss · 25th October 2022, 20:44

To be honest, Maruti is way up in the charts in my books, which other manufacturers can never reach. There was no luck involved. Their timing was a bit early. They just worked hard and expanded beyond imagination in a poor country. Other brands will have to burn billions of dollars to expand beyond Maruti levels. Then and only then, they will be able to crack it.

The Koreans [Hyundai & Kia] are playing this game strategically and are moving up, but i still have my doubts. Hyundai took years to fix the steering rattle and i guess it was intentional to ensure high service repairs to dealerships, so they can better survive.

Samsung service is excellent, but this comparison is utterly ridiculous.

lemedico · 26th October 2022, 17:23

My hospital faced 12000 patients in the OPD last year. The bakery infront of it faced 8000 customers.
We beat the bakery.

What is the point of such a research? What does it do to help us TeamBHPians?

25th October 2022, 17:02	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,783 Thanked: 59,661 Times	Maruti beats Samsung to regain position as no.1 customer-facing MNC in India Maruti Suzuki has regained its position as the largest customer-facing MNC in India, after Samsung India posted lower revenues in FY2022. According to a media report, Samsung India’s revenue soared by 8.6% to Rs 82,451 crores in FY2021-22, whereas Maruti posted revenue of Rs 88,295 crore. The Korean smartphone maker's revenue had surpassed that of India's largest carmaker in FY2021. The mobile phone business accounts for 67% of Samsung’s total turnover. It alone contributed Rs 55,201 crores towards revenue. The company’s home appliance business makes up 12% with a turnover of Rs 9,981 crores. Despite growth in revenue, Samsung India’s net profit fell by 4.9% to Rs 3,844 crores. Source: Economic Times Link to Team-BHP News Last edited by Rehaan : 26th October 2022 at 19:13. Reason: Updating article & title to correct information.
	(11) Thanks

25th October 2022, 18:06	#2
batish BHPian Join Date: Jan 2017 Location: - Posts: 840 Thanked: 2,450 Times	re: Maruti beats Samsung to regain position as no.1 customer-facing MNC in India Been using their flagships since quite some time. Frankly, the features they offer and convenience it brings in life is ultimate. I stopped carrying my wallet as phone was enough for carrying everything a wallet has, from credit/debit cards to driving license. Good for them. Way to go Samsung!
	(5) Thanks

25th October 2022, 20:44	#3
Mustang_Boss BHPian Join Date: Jul 2022 Location: Hyderabad Posts: 250 Thanked: 766 Times	re: Maruti beats Samsung to regain position as no.1 customer-facing MNC in India To be honest, Maruti is way up in the charts in my books, which other manufacturers can never reach. There was no luck involved. Their timing was a bit early. They just worked hard and expanded beyond imagination in a poor country. Other brands will have to burn billions of dollars to expand beyond Maruti levels. Then and only then, they will be able to crack it. The Koreans [Hyundai & Kia] are playing this game strategically and are moving up, but i still have my doubts. Hyundai took years to fix the steering rattle and i guess it was intentional to ensure high service repairs to dealerships, so they can better survive. Samsung service is excellent, but this comparison is utterly ridiculous.
	(3) Thanks

26th October 2022, 17:23	#4
lemedico BHPian Join Date: Aug 2013 Location: Agra, Cambridge Posts: 685 Thanked: 2,087 Times Infractions: 0/1 (7)	re: Maruti beats Samsung to regain position as no.1 customer-facing MNC in India My hospital faced 12000 patients in the OPD last year. The bakery infront of it faced 8000 customers. We beat the bakery. What is the point of such a research? What does it do to help us TeamBHPians?
	(18) Thanks