Samsung drives past Maruti as largest consumer-facing multinational firm

Samsung India Electronics overtook Maruti Suzuki NSE -0.06 % India as the largest consumer facing multinational company in the country in 2020-21, as per latest regulatory filings.

Samsung India’s revenue from operations in FY21 surged marginally by 0.5% to ₹75,886 crore, as per filings made to the Registrar of Companies and accessed by business intelligence platform Tofler.

In contrast, Maruti Suzuki’s revenue dipped by 7% at ₹ 70,333 crore in the period under review due to lower unit sales with one quarter lost due to Covid-19 lockdown. The country’s largest car maker domestic sales volume in FY21 was lower by 6.8% and exports were lower by 5.9% as compared to 2019-20, as per its earnings release.