Lexus reports 63% growth rate in FY24

Lexus has achieved a growth rate of 60% in April 2024.

06 May 2024 | 4811 Views | By Autocar Professional Bureau

Lexus reported a growth rate of 63% in fiscal year 2023-24 as compared to the previous fiscal year 2022-23. 

Building on this momentum built in the last year, Lexus has continued its journey into 2024-25, achieving an impressive growth of 60% in April 2024 compared to the same period last year, the press release noted. 

NX350h line-up including the new grade Overtrail with ease of connected technology like the Data communication module has received a positive response and deliveries have started in April' 24.

Alongside NX350h Overtrail, our flagship model, the Lexus ES300h, remains a cornerstone of the brand's growing popularity in India. 

Tanmay Bhattacharya, Executive Vice President, Lexus India, said, "The year 2023-24 stands as one of Lexus's most successful performances in our seven years of presence in India. With distinctive and innovative features, Lexus models continue to enchant discerning guests in the luxury segment."

"Our dedication to setting new benchmarks in innovation, craftsmanship, and sustainability propels us towards a future where luxury and sustainability seamlessly coexist enriching lifestyle," he added. 

RELATED ARTICLES

Prawaas 5.0 Concludes in Gandhinagar, Marking BOCI's 10th Anniversary

Sarthak Mahajan 11 Jul 2026

Held from 9–11 July at Gandhinagar's Helipad Exhibition Centre, the event marked BOCI's tenth anniversary and drew over ...

Nippon Paint Showcases Coil Coating Tech at SMARTCOR 2026

Sarthak Mahajan 11 Jul 2026

Nippon Paint presented advanced coil coating solutions for pre-painted steel at SMARTCOR 2026 in Bhubaneswar, focusing o...

Sonalika Rolls Out 20 Lakhth Tractor at Hoshiarpur Plant

Sarthak Mahajan 11 Jul 2026

India's No.1 tractor exporter Sonalika marked 30 years as its 20 lakhth tractor rolled off the world's largest integrate...

Tags: Lexus
NEXT STORY