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Maruti Suzuki India on Monday said it has collaborated with Indian Oil Corporation to establish vehicle service facilities at several of its fuel retail outlets across the country. Customers can get routine maintenance, minor repairs, and even major services at these facilities, making car care easier and more accessible, the auto major said in a statement. The initiative will further strengthen the company's service network, which already spans over 5,780 service touchpoints across 2,882 cities in India, it added. "By partnering with Indian Oil Corporation Ltd, one of India's most trusted Maharatna enterprises, we will leverage their unmatched reach to take our after-sales service to locations frequently visited by our customers," Maruti Suzuki India Executive Officer (Service) Ram Suresh Akella said. The collaboration marks a significant step to bring mobility and energy sector together and deliver superior customer care experience, he added. Indian Oil Corporation Ltd (IOCL) ..
Car market leader Maruti Suzuki India on Monday said its board has approved a Rs 4,960-crore proposal to acquire land and expand its manufacturing capacity in Gujarat. The company's board, at its meeting held on Monday, granted approval to acquire land for the expansion of production capacity at Khoraj Industrial Estate from Gujarat Industrial Development Corporation, and "the proposed capacity addition is up to 1 million (10 lakh) units", Maruti Suzuki India said in a regulatory filing. On the overall investment, the company said it would be finalised and approved by the board while framing the phases of installation of capacity. "The cost of land acquisition, development and preparatory activities approved by the board is Rs 4,960 crore," it added. The mode of financing would be a combination of internal accruals and external borrowings, Maruti Suzuki India said. The total existing capacity of the company is around 24 lakh units per annum in Gurugram, Manesar, Kharkhoda (all in
Maruti Suzuki India Ltd on Friday said it has clocked a record annual production of 22.55 lakh units in calendar year 2025, a growth of 9.3 per cent over the previous year. This is the second consecutive year that the company has exceeded 20 lakh units in annual production. The production includes vehicles for domestic sales, exports and OEM supplies, Maruti Suzuki India said in a statement. The company had produced 20.63 units in 2024. Maruti Suzuki India Managing Director and CEO Hisashi Takeuchi attributed the record production to the efforts of the company's employees and the strong synergy that it shares with supplier partners. "A high degree of localisation has enabled us to achieve such scale while maintaining world-class quality, highlighting the strength and global competitiveness of India's automotive manufacturing ecosystem," he noted. Maruti Suzuki said its top five models by production volume during the year were Fronx, Baleno, Swift, Dzire and Ertiga.
Maruti Suzuki India will soon take a call on whether to revise upwards prices of its small cars, for which it reduced rates last year over and above the GST benefit of 8.5 per cent, a senior company official said on Thursday. Last year in September, after GST 2.0 kicked in, the company had cut prices of entry-level model S Presso by up to Rs 1,29,600; Alto K10 by up to Rs 1,07,600; Celerio by Rs 94,100 and Wagon-R by up to Rs 79,600, among others. "In the small cars, our purpose of going for the strategic pricing was to increase the motorisation...," Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee, told reporters in an interaction. He was responding to a query on whether the company is also considering a price hike like other carmakers, including rival Hyundai Motor India, which has announced its plans. "Very soon, we are going to take a call...Are we going to revert back to our GST prices (on the reduced GST rates only) or are we going to continue
Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV ecosystem in the country. The company, which plans to launch its first electric vehicle - e VITARA in the domestic market next year, is looking to instill confidence in the buyers as it looks to strengthen the overall EV ecosystem. "Right now we are importing the batteries but yes we have a plan for localisation. It is very much on the cards in a phased manner over the next few years," Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Partho Banerjee told reporters here. He noted that the electric vehicle penetration in India will grow only when the consumer has the confidence to buy it as a primary car in the household. "We believe that the customer is not confident (about EVs). The initial products that were launched, and the experiences from those, has created a huge amount of negativity in the minds of people ...