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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
Car market leader Maruti Suzuki India Ltd on Saturday reported a 7 per cent growth in total sales at 2,20,894 units as compared to 2,06,434 units in the same month last year. Total domestic sales, including commercial vehicles, stood at an all-time high of 1,80,675 units as against 1,63,130 units in the same month last year, up 10.75 per cent, the company said in a regulatory filing. Domestic passenger vehicle sales were at 1,76,318 units as against 1,59,591 units in October 2024, up 10.48 per cent, it added. Sales to other OEM (Toyota Kirloskar) were at 8,915 units and exports were at 31,304 units, Maruti Suzuki India said. The company said sales of mini cars comprising Alto and S-Presso models were down at 9,067 units from 10,687 units in the same month last year. On the other hand, sales of compact cars Baleno, Celerio, Dzire, Ignis, Swift, WagonR increased to 76,143 units from 65,948 units in October 2024. Sales of utility vehicles, comprising Brezza, Ertiga, Fronx, Grand Vit
Maruti Suzuki India on Wednesday said it plans to add a total of 500 service workshops to its network in the current fiscal. The auto major on Wednesday announced the setting up of its 5,000th Arena Service touchpoint in Coimbatore. The company sells its product range in the country through Arena and Nexa sales networks. "We plan to continuously expand our network in future as well. In FY 2024-25, we opened 460 service touchpoints under ARENA and NEXA channels, and in FY 2025-26, we plan to add a total of 500 service workshops to our network," Maruti Suzuki MD and CEO Hisashi Takeuchi said in a statement. With the addition of new touchpoints, the company's service network now increases to over 5,640 service touchpoints, covering 2,818 cities across India, the automaker said. In FY 2024-25, Maruti Suzuki said it serviced over 27 million vehicles, the highest ever in a single financial year. During April-September 2025, the company, through its network, has already serviced over 14
Maruti Suzuki India is gunning for leadership in the mid-size SUV segment in the domestic market, currently dominated by its South Korean rival Hyundai, a senior company official said on Monday. The company, which has launched its new mid-size SUV Victoris with introductory prices ranging from Rs 10.5 lakh to Rs 19.99 lakh (ex-showroom), is targeting a wider reach, specially GenZ customers by bringing it through its ARENA retail chain, Maruti Suzuki India Senior Executive Officer, Marketing & Sales Partho Banerjee told reporters here in an interaction. "There are three segments (in SUVs). There is entry, mid and the premium. In the entry segment, we are the market leaders. In mid-SUV, we are not the market leaders. Our aspiration is to become the market leader there, and in premium SUV right now, we don't operate," he said when asked about the company's aspirations in the SUV segment. He said the mid-size SUV segment is "the only segment" where Maruti Suzuki India, the country's .
Maruti Suzuki India on Monday said it has commenced shipment of its battery electric vehicle e VITARA, having dispatched over 2,900 units last month. The units were shipped from Gujarat's Pipavav Port to 12 European countries - the UK, Germany, Norway, France, Denmark, Switzerland, the Netherlands, Sweden, Hungary, Iceland, Austria, and Belgium. On August 26, Prime Minister Narendra Modi flagged off the first e VITARA from the Gujarat facility. The battery electric model is exclusively manufactured at Maruti Suzuki's Hansalpur manufacturing facility. "The start of export of e VITARA to Europe is indeed a proud and defining moment for us," Maruti Suzuki India MD and CEO Hisashi Takeuchi said in a statement. The company plans to export the model to over 100 countries and will be sold in the domestic market as well. Maruti Suzuki's overall exports in August surged 40 per cent to 36,538 units compared to 26,003 units in the year-ago period.