logo
20 Years of the Maruti Suzuki Swift: Decoding the appeal of an icon

20 Years of the Maruti Suzuki Swift: Decoding the appeal of an icon

Hindustan Times3 hours ago

Two decades after it was introduced to the Indian car market, the Maruti Suzuki Swift continues to chart in the top ten largest-selling cars in the country. Coming-in at 6th as recently as May 2025, the Swift clocked 14135 units, surpassing even the more humble and utilitarian WagonR. The Maruti Suzuki Swift has been on sale for two decades.
Therein lies the appeal of the Swift, a car that marked a tectonic shift in consumer preferences and permanently altered the popular perception of hatchbacks. Today, a grand total of 2.5 million units have been sold in the country.
Although its predecessors had plied on Indian roads – albeit in sedan form under the name Maruti 1000 – the Swift, as it was known globally, came to the country in 2005. Its Mini-esque design cues, compact proportions and international styling (the 2004 model was heavily influenced by European styling, unlike the likes of the WagonR which were distinctly Japanese) immediately set it apart from the existing crop of hatchbacks in the country. Said crop including barebones, utilitarian runabouts like the 800, the WagonR and to a certain extent, the Hyundai Santro. While the Santro also aimed to elevate the profile of the humble hatchback, it was still a practicality-oriented model whose chassis had not been tuned for sharp handling like the Swift. Shift in perception for Maruti Suzuki
Packing the same 1.3-litre petrol engine found in the Maruti Suzuki Esteem, the Swift immediately found a fanbase among India's young and performance starved car buyers. For the first time Maruti Suzuki had put out a product that wasn't purely intended towards mobilising a family, but one that was focussing on driving pleasure and style. It marked a moment of maturation for both the car market and for Maruti Suzuki which, for the first time in over two decades, had a product oriented towards the youth. It helped Maruti evolve from a mass-market company into one capable of delivering emotional appeal and driving excitement. Evolution of the Swift
The brand had already begun making advances towards lighter engines with the Zen (which featured an aluminium engine). The 1.3-litre petrol continued to serve in the first gen Swift, till it was replaced by a more frugal 1.2-litre K-Series engine in 2010. It immediately found favour in the country's urban tuning community, who retrofitted them with turbos, giving us the first taste of what a luke-warm hatchback should be like. The second-gen Swift also featured a diesel engine for the first time – a 1.3-litre unit sourced from Fiat. Praised for its reliability, fuel efficiency and performance, the turbocharged unit served for 13 years before BSVI norms rendered it ineligible for road use. It continues to remain one of the most popular engines in India. The first-generation Swift was introduced with a 1.3-litre engine from the Maruti Suzuki Esteem,
By 2018, the generational update of the Swift was based on the brand's HEARTECT platform, which was lighter and came with the option of an AMT. It was also sufficiently packed with creature comforts to ensure that the Swift kept-up with the times and prioritised comfort. The fourth and current-gen Swift, featured a lighter and newer 1.2-litre Z-Series petrol engine. Although lower on power, the new Swift with its mild-hybrid tech and lighter frame, still remained peppy, but focussed more on offering optimum fuel efficiency (claimed fuel efficiency is 25.75 kpl). On the safety front, it comes equipped with six airbags as standard, along with ABS with EBD, electronic stability control (ESC), hill hold assist, a rear-view camera, and ISOFIX mounts for child seats.For the first time ever, the Swift also gets a factory-fitted CNG kit in an effort to appeal to the more economy conscious buyers who do not want to compromise on style or features – a consumer section that had to previously content with models like the Celerio and the WagonR. Trendsetter
The premium hatchback segment in India owes its existence to the Swift. Sure, there were popular models like the Open Corsa Swing, but that had a cult following and was not a sales success. The Swift, which was based on an international platform, was heavily localised for India. It proved for the first time that international platforms could be adapted for Indian conditions, paving the way for other internationally-developed platforms like the Baleno hatchback, the Vitara Brezza and the Fronx. Even premium models like the Skoda Fabia found acceptance in India, partly thanks to the shift in perception caused by the Swift. High residual and recall value
According to the brand's Senior Executive Officer Partho Banerjee, one out of every four Swift owners comes back to purchase another Swift, adding that the model constitutes over 10% of Maruti Suzuki's overall sales. The Swift's reputation for low maintenance costs, high fuel efficiency, and Maruti's unmatched service network made it a value-retention champion. Buyers knew they could depend on it — a crucial factor in India's price-sensitive market. (Parth Charan is an independent automotive journalist and writer who has written on cars, motorcycles and the automotive industry for the past 12 years. He lives in Mumbai.)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

JSW Paints buys Dulux-owner Akzo Nobel for Rs 9,000 cr, fresh coat of rivalry in over $10 bn market
JSW Paints buys Dulux-owner Akzo Nobel for Rs 9,000 cr, fresh coat of rivalry in over $10 bn market

Economic Times

time2 hours ago

  • Economic Times

JSW Paints buys Dulux-owner Akzo Nobel for Rs 9,000 cr, fresh coat of rivalry in over $10 bn market

Akzo Nobel's India business, which operates under the 'Dulux' brand in the country, on Friday announced its decision to sell 74.7% stake for Rs 8,986 crore to JSW Paints, making the Jindal-owned paint-maker the fourth-largest player in India's highly competitive Rs 80,000 to Rs 90,000 crore paints this deal, JSW will be required to make an open offer for further 26% stake in the in its May 26th edition was the first to report that JSW had agreed for the billion dollar acquisition – its largest so far and had entered in 'exclusive negotiations.' Under the agreement, the Dutch company will sell its stake through two promoter entities, Imperial Chemical Industries Ltd, which holds 50.46% of Akzo Nobel India and is classified as a holding/promoter entity and Akzo Nobel Coatings International B.V., which holds 24.30%, also classified as a holding/promoter entity. Headed by Parth Jindal, the paint maker has trumped bids from a consortium of Indigo Paints and Advent International, and adhesive manufacturer Pidilite Industries to buy Dulux owner-Akzo Nobel. JSW Paints splashes into the big league with Akzo NobelJSW Paints hasn't been able to break into the decorative top three since it was set up six years ago. On the other hand, newcomer Birla Opus, from Grasim Industries, has managed to gain a 3-4% market share in the third quarter alone. Since Akzo Nobel India's Dulux Paints operates in the luxury and ultra-premium segments and has a strong presence in urban markets, the deal gives JSW Paints a powerful boost in both brand positioning and market reach. JSW Paints managing director Parth Jindal had described the Akzo Nobel India stake sale as an 'exciting opportunity' in January. 'There is no choice... I have to give everything I've got for Akzo Nobel India,' he had said at the time. Following the deal, JSW Paints will strengthen its presence in the paints industry by emerging as the second-largest player in the industrial segment after Kansai Nerolac India, and securing the fourth spot in the decorative paints market. AkzoNobel had announced plans to review its business operations in the Indian subcontinent in October 2024. In February, Akzo Nobel India hived off and agreed to sell its powder coatings business—its most profitable stream that contributes 12-14% of sales--to its Dutch parents. That took the shine off the deal for several potential suitors. At an industry level, demand fell 4-5% in FY25. Akzo, like most in the industry, has been bracing for sectoral headwinds. The company has about 7% market share in India and is one of the most profitable in the segment, with an annual production capacity of 250 million litres, focused on high-end decorative paints with its Dulux brand. It experienced low single-digit growth in value in the December quarter while profit was down 5%, partly due to a special dividend issued in the previous year. The automotive and vehicle refinish segments faced challenges, hitting overall performance. Akzo, one of the largest paint companies in the world, has been slashing jobs and production, intensifying concerns about the resilience of European industry, as the continent struggles with rising energy costs following Russia's invasion of Ukraine. JSW is looking for significant gains. It turned profitable at an operating level for the first time in FY24, with an operating margin of 3%. An Akzo buy will inch it closer to third-placed Kansai Nerolac in the decorative segment. India's Rs 90,000 paint market India's Rs 90,000-crore paint market is currently dominated by major players such as Asian Paints, Birla Opus, Berger Paints, Kansai Nerolac, Indigo Paints, and Akzo Nobel India. A major disruption in this highly competitive space came with the entry of the Aditya Birla Group's Birla Opus, which launched operations in February 2024. In just about a year, it has already captured a high single-digit market share. According to Elara Capital, Birla Opus had nearly 7% market share by March 2025—eroding some of the dominance of market leader Asian Paints, which currently holds around 52%. To accelerate its expansion, Birla Opus is now targeting tier-2 and tier-3 markets through a franchise model, setting up compact 300–400 sq ft stores equipped with paint consultants and trained local entrepreneurs. It is also piloting PaintCraft Partner, a franchise-led painting services initiative. While Birla Opus is aggressively scaling up, the paint industry as a whole is facing headwinds. FY25 has been the most challenging year for the sector in nearly three decades, with business contracting. Asian Paints is down 4.2%, Kansai Nerolac has slipped 4.5%, while Berger Paints bucked the trend, rising 24%. For context, the Nifty 50 is up 6% so far this year. Unlike earlier years, when the Indian paint sector mostly saw the entry of traditional paint firms, recent times have witnessed the arrival of deep-pocketed conglomerates—intensifying the battle for market share and shaking up the status quo.

JSW Paints buys Dulux-owner Akzo Nobel for Rs 9,400 cr, fresh coat of rivalry in $9 bn market
JSW Paints buys Dulux-owner Akzo Nobel for Rs 9,400 cr, fresh coat of rivalry in $9 bn market

Time of India

time2 hours ago

  • Time of India

JSW Paints buys Dulux-owner Akzo Nobel for Rs 9,400 cr, fresh coat of rivalry in $9 bn market

Akzo Nobel 's India business, which operates under the 'Dulux' brand in the country, on Friday announced its decision to sell nearly of its 75% stake for Rs 9403.22 to JSW Paints, making the Jindals-owned paint-maker as the fourth-largest player in India's highly competitive Rs 90,000 crore paints market. ET in its May 26th edition was the first to report that JSW had agreed for the billion dollar acquisition – its largest so far and had entered in 'exclusive negotiations.' Under the agreement, the Dutch company will sell its stake through two promoter entities, Imperial Chemical Industries Ltd, which holds 50.46% of Akzo Nobel India and is classified as a holding/promoter entity and Akzo Nobel Coatings International B.V., which holds 24.30%, also classified as a holding/promoter entity. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo Headed by Parth Jindal, the paint maker has trumped bids from a consortium of Indigo Paints and Advent International, and adhesive manufacturer Pidilite Industries . JSW Paints splashes into the big league with Akzo Nobel JSW Paints hasn't been able to break into the decorative top three since it was set up six years ago. On the other hand, newcomer Birla Opus, from Grasim Industries, has managed to gain a 3-4% market share in the third quarter alone. Live Events Since Akzo Nobel India's Dulux Paints operates in the luxury and ultra-premium segments and has a strong presence in urban markets, the deal gives JSW Paints a powerful boost in both brand positioning and market reach. JSW Paints managing director Parth Jindal had described the Akzo Nobel India stake sale as an 'exciting opportunity' in January. 'There is no choice... I have to give everything I've got for Akzo Nobel India,' he had said at the time. Following the deal, JSW Paints will strengthen its presence in the paints industry by emerging as the second-largest player in the industrial segment after Kansai Nerolac India, and securing the fourth spot in the decorative paints market. AkzoNobel had announced plans to review its business operations in the Indian subcontinent in October 2024. In February, Akzo Nobel India hived off and agreed to sell its powder coatings business—its most profitable stream that contributes 12-14% of sales--to its Dutch parents. That took the shine off the deal for several potential suitors. At an industry level, demand fell 4-5% in FY25. Akzo, like most in the industry, has been bracing for sectoral headwinds. The company has about 7% market share in India and is one of the most profitable in the segment, with an annual production capacity of 250 million litres, focused on high-end decorative paints with its Dulux brand . It experienced low single-digit growth in value in the December quarter while profit was down 5%, partly due to a special dividend issued in the previous year. The automotive and vehicle refinish segments faced challenges, hitting overall performance. Akzo, one of the largest paint companies in the world, has been slashing jobs and production, intensifying concerns about the resilience of European industry, as the continent struggles with rising energy costs following Russia's invasion of Ukraine. JSW is looking for significant gains. It turned profitable at an operating level for the first time in FY24, with an operating margin of 3%. An Akzo buy will inch it closer to third-placed Kansai Nerolac in the decorative segment. India's Rs 90,000 paint market India's Rs 90,000-crore paint market is currently dominated by major players such as Asian Paints, Birla Opus, Berger Paints, Kansai Nerolac, Indigo Paints, and Akzo Nobel India. A major disruption in this highly competitive space came with the entry of the Aditya Birla Group's Birla Opus, which launched operations in February 2024. In just about a year, it has already captured a high single-digit market share. According to Elara Capital, Birla Opus had nearly 7% market share by March 2025—eroding some of the dominance of market leader Asian Paints, which currently holds around 52%. To accelerate its expansion, Birla Opus is now targeting tier-2 and tier-3 markets through a franchise model, setting up compact 300–400 sq ft stores equipped with paint consultants and trained local entrepreneurs. It is also piloting PaintCraft Partner, a franchise-led painting services initiative. While Birla Opus is aggressively scaling up, the paint industry as a whole is facing headwinds. FY25 has been the most challenging year for the sector in nearly three decades, with business contracting. Asian Paints is down 4.2%, Kansai Nerolac has slipped 4.5%, while Berger Paints bucked the trend, rising 24%. For context, the Nifty 50 is up 6% so far this year. Unlike earlier years, when the Indian paint sector mostly saw the entry of traditional paint firms, recent times have witnessed the arrival of deep-pocketed conglomerates—intensifying the battle for market share and shaking up the status quo.

India's EV growth is significantly lower than top 10 countries
India's EV growth is significantly lower than top 10 countries

Time of India

time2 hours ago

  • Time of India

India's EV growth is significantly lower than top 10 countries

India's electric vehicle (EV) growth is significantly slower than the top 10 global standouts, according to a recent report by Intelsense. As per the FY24 figure, the EV growth in India was 27 per cent (YoY), significantly slower than the top 10 global standouts. India's EV Market Share was about 2-3 per cent of new car sales in 2024, well below the 5 per cent average of the top 10 nations. However, the report adds, India although not in top 10 in terms of growth globally but it falls just outside the top 10, and is the fastest-growing major large market. At current pace, India ranks 11-12th globally, trailing emerging leaders like Thailand, Vietnam, and Mexico. Penetration of EV remains significantly lower compared to top 10 nations, a factor that could hinder the country's aspiration of achieving a 30 per cent EV market share by 2030. However, the reports also mention about the India is making strides towards its 2030 goal, with a steady increase in EV registrations and charging infrastructure. EV sales in India rose 27 per cent to reach 1.94 million units in 2024, mainly driven by two-wheelers and three-wheelers, which account for the bigger share of the market. In the four-wheeler segment and passenger vehicle , Tata Motors , Hyundai, Mahindra and MG are the top players in the Indian market. However, they have not met the expectations in terms of increased market share of new 4-wheelers along with EV infrastructure like battery and charging stations. Hero, Ola and TVS dominate the two-wheeler and three-wheeler segment in the EV sector. The report suggests that, India's growth in the EV sector remains strong in absolute numbers, but there is a need to accelerate more to reach tipping points. One of the major problems faced by India is that there is about 95-100 per cent reliance on China and other East Asian countries like South Korea and Japan for critical EV battery materials. In order to deal with this, India is working towards the search of lithium Reserves. As of now, 5.9 million tonnes of lithium inferred in Reasi, J&K, which is one of the top 10 global reserves by quantity. There are Additional geological finds in Karnataka, Himachal Pradesh, Uttarakhand, Jharkhand, and Rajasthan as well. Additionally, there are various home grown Refining Projects such Lohum commissioned India's first battery-grade lithium refinery (1,000 tpa) in March 2025. Along with, Vardhaan Lithium partnering with Maharashtra govt to build a 60,000 tpa refinery near Nagpur (Butibori).

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store