Now, let me speak about the present condition of HM-Mitsubishi in India.
Till the recent past, Mitsubishi was widely regarded as one of the best car manufacturers of all time. They used to build tough, reliable, good-looking, and overall great cars that sold decently and had some truly excellent technology (for their time, of course). However, in the last few years, Mitsubishi has, to put it politely, fallen from grace globally.
Mitsubishi began its innings in India by entering into a joint venture with Hindustan Motors in 1997. Here, Mitsubishi agreed to provide technical assistance to HM to manufacture its products in India. The first product to roll out from the collaboration was the Lancer mid-size sedan in October 1998. Lancer was produced at HM's Thiruvallur factory and was sold through their sales network for a long time.
The product range was later expanded to Pajero, Montero, Lancer Cedia and Outlander. Out of these, Lancer and Pajero SFX were the models with which they gained popularity in the Indian car market. Pajero SFX was basically an updated version of the second-generation Pajero that was sold in the west before the Montero/Shogun was launched there. The model was already more than fifteen years old when introduced here, but was far superior than its competitors in terms of road presence and capabilities.
Some models like Pajero 3.2, Montero, Outlander and Lancer Evolution were brought directly from Japan as completely built units. Due to poor marketing strategies from Mitsubishi, Cedia, Montero and Outlander never did well in our market. On the other hand, the regular Lancer used to sell like hot cakes in 2000s but as time went by, its sales trended down. The traditional Pajero SFX also had decent sales until the arrival of Toyota Fortuner in 2009. Evo X also found no takers in India since it carried an expensive price tag.
With most of the car brands announcing their big plans of new launches every year, it’s easy to wonder if Mitsubishi Motors is still present in India. Prior to the release of BS6 emission norms, the last new car launch from Mitsubishi for India was that of the third-generation Outlander in June 2018. A news about Mitsubishi Motors planning to tie-up with a Jamshedpur-based company first broke out in June 2020. The deal involved the company taking over the reins from HM and directly coordinating with Mitsubishi Japan.
A tie-up with such a company was just to infuse fresh money flow into the system. Now, with that deal out of the picture, HM will either have to find a new partner or give up its business altogether. Most of the dealerships were closed down by end-2019. The last Mitsubishi sold in India was a Pajero Sport in January 2020. For existing customers, spare parts availability is not-so-good as HM doesn’t have enough funds to import them from Japan. HM's contract with Mitsubishi ended sometime in 2021, and now, the company couldn’t renew it.
