Production at the plant is expected to begin in financial year 2029 and will add to the annual production capacity of 2.4 million vehicles for Maruti
The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.
In the past one week, the Nifty Auto index has outperformed the market by surging 5.4 per cent, as against 1.7 per cent gain in the Nifty 50.
Maruti Suzuki's Dzire reclaimed the top spot after eight years, outselling SUVs and hatchbacks in 2025 even as utility vehicles accounted for more than half of India's PV market
TVS Motor, Maruti Suzuki India, Mahindra & Mahindra, and Ashok Leyland are some of the top picks of brokerages
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
Ashok Leyland and TVS Motor Company hit their respective all-time highs, while, M&M was close to its record high level
In passenger vehicles, the brokerage expects the segment to post 19 per cent year-on-year (Y-o-Y) growth in dispatches in December, broadly in line with retail trends.
Over the last ten calendar years (2016-2025), the Sensex has delivered annual returns consistently, albeit uneven. The strongest year of the decade was 2017, when the index surged 27.9 per cent.
Thus far in the calendar year 2025, the BSE Auto index has rallied 18 per cent, as against 8 per cent rise in the BSE Sensex.
Entry-level vehicles across 2Ws and PVs are seeing a notable pickup in demand, while discounts are expected to gradually reduce, reflecting normalisation in market dynamics.
The WagonR is currently manufactured at Maruti Suzuki's plants in Gurgaon and Manesar, Haryana
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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 ...
The BSE Auto index, up 18% thus far in the calendar year 2025, is set to outperform the BSE Sensex for the fourth straight calendar year.
Stocks to Watch today, December 03: Shares of SBI, HDFC Bank, and ICICI Bank will remain in focus today as RBI has announced that they will continue to be classified as systemically important banks
Maruti Suzuki India on Tuesday said it aims to drive in multiple electric models across bodystyles and set up charging infrastructure across the country as it looks to attain leadership in the segment. The auto major, which is gearing up to introduce its first electric vehicle model e Vitara next year, plans to set up around 1 lakh charging stations by 2030 in partnership with its dealer partners and charging point operators. "Aligning with our parent company, Suzuki Motor Corporation's vision, we will be launching many more electric vehicles across body types and segments in the coming years," Maruti Suzuki India MD and CEO Hisashi Takeuchi said in an event here. In line with this vision, by 2030, the company aims to establish a network of over 1 lakh charging points in partnership with dealers and charge point operators, he added. "We will be the leader in electric mobility in the country, and as a market leader, all our efforts will be to make EV adoption easier for all our ...
Maruti Suzuki builds a 2,000-point EV charging network across 1,100 cities as it prepares to launch the five-star-rated e-Vitara in 2026 and ramps up nationwide electric mobility support
Nomura expects Indian markets to trade in the range of 20-22x one-year forward earnings, assuming risk premia remain low.