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Maruti Suzuki India
Car market leader Maruti Suzuki India has increased its capex outlay to Rs 77,500 crore for five years till FY31 for capacity expansion, new models and R&D among others, its Managing Director and CEO Hisashi Takeuchi said on Monday. Responding to a query from shareholders at the company's annual general meeting, he also assured that Maruti Suzuki cars starting from production year 2008 are compatible with E20 fuel. "Regarding the capex side for FY26-27, we have planned a 40 per cent jump in capex expenditure in a single year, from around Rs 10,000 crore last year to Rs 14,000 crore this year. Cumulatively, during FY26-27 to FY30-31, we have planned a capex of Rs 77,500 crore," he said in response to a shareholder query. Last year, Toshihiro Suzuki, Representative Director and President of Suzuki Motor Corporation -- the parent of Maruti Suzuki India -- had stated that the company would invest Rs 70,000 crore in the next five to six years in India to strengthen its ...
The GST 2.0 gave impetus not only to the automobile industry but to several sectors of the Indian economy, which continues to do well despite the impact of the West Asia war, Maruti Suzuki India Chairman RC Bhargava said, adding the tax reform provided the necessary buffer to navigate this uncertain period. Addressing shareholders in the company's annual general meeting, Bhargava on Monday said Maruti Suzuki India expects the Indian "car industry will grow to 6.3 million by 2031, and that the share of the small car market will grow significantly faster" than it did in the previous five years, driven by the cuts in GST rates in September last year. "The Indian economy continues to do well, and collections of GST remain higher than ever before. This is all despite the Iran problems, the West Asia war, and such issues. I do believe that without GST reforms, we may not have done so well in the difficult months that have elapsed," Bhargava said. Recollecting the optimism he had expressed
Maruti Suzuki India Ltd on Tuesday said the top three passenger vehicle models exported from India in the first quarter of the ongoing fiscal are from its stable. The company, which witnessed its FRONX cross the milestone of 2 lakh exports in under 38 months, said it garnered more than 55 per cent share in passenger vehicle (PV) exports from India in the first quarter. "Sustained focus on exports has earned the company the number one position in passenger vehicle exports from India. Illustrating this leadership, all three of India's top exported passenger vehicles in Q1 FY 26-27 were from Maruti Suzuki," company Managing Director & CEO Hisashi Takeuchi said in a statement. For Q1 FY26-27, the top three PV export models from India are FRONX, Jimny 5-Door, and eVITARA, the company said, adding that a total of six of its models are among the top eight models exported from India. Hyundai Grandi10 and Nissan Magnite are in the fourth and seventh spots respectively, as per industry ...
Maruti Suzuki India Ltd Chairman RC Bhargava has urged the Centre and state governments to proceed faster on the road of reforms and increase efforts to make doing business easier, while requesting all political parties to support reforms and programmes that create wealth. In his message to shareholders in the company's annual report for 2025-26, the veteran industry leader also noted that the government, and the opposition, should "ensure that the additional resources that would be generated would be used to create a more equitable and just society". Bhargava also said that considering how the car industry has grown post GST2.0, there could be some changes in the company's longer-term target and "presently, we are estimating that the car industry would grow to 6.1 to 6.3 million by FY 2030-31 and that the share of the small car market would grow significantly faster than what had happened in the last five years". He also reiterated the company's stand on the need to use multiple ..
The country's largest automaker Maruti Suzuki India has reported its highest-ever monthly production at 2,48,845 units in July, a jump of 33 per cent, over the same month last year. The auto major had produced 1,87,073 units in July 2025, as per a regulatory filing by the company. The company's best monthly production performance till now was in March 2026 when it rolled out 2,31,933 units from its factories. Despite the record production, Maruti Suzuki India Ltd (MSIL) Senior Executive Officer, Marketing & Sales, Partho Banerjee said the company's dealer inventory is much lower compared to average as it registered retail sales of 1.78 lakh units in July. "Our network stock is just 16 days across the (dealer) network," he said, adding that the company has pending bookings of around 1.6 lakh units. On an average, the industry dealer inventory is around 30 days. The car market leader has also reported best ever passenger vehicle wholesales in the domestic market at 1,96,203 units .
Car market leader Maruti Suzuki India Ltd on Saturday reported a 34 per cent rise in total sales at 2,41,421 units in July as compared to 1,80,526 units in the same month last year. Total domestic passenger vehicle sales were at 1,96,203 units last month as compared to 1,37,776 units in July 2025, a growth of 43.4 per cent, Maruti Suzuki India said in a regulatory filing. In July 2026, the company clocked its best-ever passenger vehicle sales in the domestic market. Total domestic sales, including LCVs, reached an all-time high of 2,00,123 units, the company said. Sales of mini cars comprising Alto and S-Presso were at 12,634 units as compared to 6,822 units in the year-ago month. Sales of compact car, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, rose at 90,822 units last month as compared to 65,840 units in July 2025. Sales of utility vehicles consisting of Brezza, Ertiga, e Vitara, Fronx, Grand Vitara, Invicto, Jimny, Victoris and XL6, were at 78,851 units as com
Car maker leader Maruti Suzuki India is aiming to sell around 9 lakh CNG vehicles, a nearly 30 per cent increase in the ongoing fiscal, with demand for such automobiles rising in the wake of the West Asia war, according to a senior company official. The demand for CNG vehicles is no longer restricted to small cars and vans, but it has also seen a rise even in the company's SUVs, Maruti Suzuki India Ltd (MSIL) Senior Executive Officer, Marketing & Sales, Partho Banerjee told PTI. "In the first quarter of this fiscal, we have sold 2.2 lakh units of CNG vehicles across models, which is a growth of 58 per cent over the same quarter last year," he said when asked about the traction of CNG vehicles currently in the market. Banerjee said due to the fuel price hike after the West Asia war, demand for CNG vehicles has shot up. Asked what the target for CNG vehicle sales this fiscal is, he said, considering how CNG vehicle sales have grown in the first quarter, for the full year we are ...
Car market leader Maruti Suzuki India Ltd on Wednesday announced the commissioning of a 1 MWh battery energy storage system at its Kharkhoda manufacturing facility in Haryana. As a pilot initiative, a Battery Energy Storage System (BESS) has been integrated into the Kharkhoda facility's internal electricity distribution network, Maruti Suzuki India said in a statement. In 2025, the company had installed a 20 MWp solar power project at the Kharkhoda facility. However, solar power generated during facility holidays could not be utilised due to the absence of demand, it added. A BESS addresses this challenge by storing excess electricity generated during low-demand periods or facility holidays and making it available when required, the company said. In addition, the BESS will help improve grid stability, Maruti Suzuki added. Stating that the company is strongly aligned with India's focus on building self-reliant energy ecosystems, Maruti Suzuki India Managing Director & CEO Hisashi