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Suzuki Motor Corporation (SMC) on Monday said its compact hatchback Swift has crossed 50 lakh cumulative sales mark globally out of which India accounted for 54%.

The company sold 54% of the 50 lakh units in India, 17% in Europe, 10% in Japan and 19% in other parts of the globe.

"The Swift is truly a world strategic car, having been produced in countries including Japan, Hungary, India, China, Pakistan and Thailand, and favoured and widely accepted globally from emerging market such as India, to developed market such as Japan and Europe," SMC said in a statement.

Since its launch in 2004, the Swift has brought innovative changes to Suzuki's car-making, earning high appraisal for its sporty, stylish, and fun to drive character, it added.

In India, where it was launched in May 2005, the Swift steadily increased its sales in line with the market expansion due to economic growth and by adding diesel and sedan variants.

So far 27 lakh units of hatchback Swift and compact sedan Swift DZire have been sold in the country. Currently, the Swift brand accounts for around 30% (4.3 lakh) of the annual sales of Suzuki in India, SMC said.

The car is currently priced between Rs 4.71 lakh and Rs 7.43 lakh (ex-showroom Delhi).