Maruti Suzuki

GST 2.0 demand boost prompts Maruti Suzuki to accelerate capex plans

Car market leader Maruti Suzuki India is accelerating its capital expenditure plans amid a sharp increase in passenger vehicle demand following the GST 2.0 rationalisation, MD and CEO Hisashi Takeuchi said on Tuesday, as the tax reform completes one year. The company's passenger vehicle sales grew about 36 per cent year-on-year during April-August 2026, while sales in the entry segment surged over 96 per cent during the period, Takeuchi said. "A year ago, the landmark GST reform gave fresh impetus to India's growth journey. At Maruti Suzuki, passenger vehicle sales grew about 36 pc year-on-year during Apr-Aug'26. We are particularly encouraged by the entry segment's growth of over 96 per cent, where improved affordability has brought mobility closer to many more people," Takeuchi stated in a post on X. He said this demonstrates the power of the Indian consumer and the importance of affordability. "When domestic industry catches scale and competitiveness, more global business ...

Maruti Suzuki aims to sell 1 mn green vehicles in FY27, debuts S-CNG range

Maruti Suzuki India Ltd (MSIL) is targeting 1 million "green vehicle" sales - spanning CNG, hybrid and EV - this financial year, helped by structural tailwinds such as rising crude prices and the introduction of automatic transmission in CNG variants. The car market leader, under its Auto Green Mission, on Friday launched automatic S-CNG variants of its popular car models - Swift, Dzire and Baleno. MSIL, a dominant player in the CNG category with a 70 per cent market share, was earlier expecting sales of 8 to 9 lakh units of green vehicles this fiscal. However, it raised the projection with the introduction of new automatic transmission models, said Senior Executive Officer, Marketing & Sales Partho Banerjee. He noted thet CNG models previously lost out to petrol/automatic combinations because they lacked automatic transmission options. The new Swift, Dzire and Baleno automatic S-CNG launches target exactly the "new-age customers who refuse to compromise", buyers who wanted CNG's .

Maruti Suzuki's Jimny 5-door, Fronx, e Vitara exports to Japan cross 100k

Maruti Suzuki India on Monday said cumulative exports of the Made-in-India Jimny 5-door, Fronx, and e Vitara to Japan have surpassed 1 lakh units. Maruti Suzuki India began exporting the Fronx to Japan, one of the world's most competitive and advanced automobile markets, in August 2024, followed by the Jimny 5-door in December 2024. The Company's first Battery Electric Vehicle (BEV), e Vitara, joined this export portfolio in September 2025, further strengthening India's role as a global manufacturing hub for Suzuki. Jimny 5-door and e VITARA are manufactured exclusively in India. With growing acceptance of Made-in-India vehicles, Japan stood as Maruti Suzuki's second-largest export market by volume in FY26, the company said, adding that it has retained the position during the first five months (April-August) of the current fiscal year. "The milestone of over 1 lakh exports of Jimny 5-door, FRONX, and e VITARA to Japan is a powerful endorsement of India's manufacturing excellence.

Maruti Suzuki to hike prices of select models by up to ₹20,000 in September

Maruti Suzuki's third price hike since May, follows similar moves by Tata Motors and comes amid sustained input-cost pressures and an elevated inflation burden

Maruti Suzuki bets on premium hatchbacks as demand outpaces industry

Maruti Suzuki's premium hatchback sales grew 28 per cent between April and August, compared with 17 per cent growth for the industry

Auto industry must stay one step ahead of hackers, says Maruti CEO

Hisashi Takeuchi said automakers need stronger cybersecurity, robust contingency plans, deeper localisation and greater supplier resilience as digitalisation accelerates

Maruti Suzuki share price falls over 5% post tepid August export data

Domestic passenger vehicle sales rose 34.8 per cent Y-o-Y to 176,971 units. Exports, however, declined 7.4 per cent Y-o-Y to 33,844 units during the period under review.

Maruti raises FY27-31 capex target to ₹77,500 crore for expansion, R&D

Maruti Suzuki India plans ₹77,500 crore in capital expenditure through FY31 for capacity expansion, new models, R&D, cleaner manufacturing and sales infrastructure

Maruti Suzuki raises five-year capex plan to ₹77,500 crore till FY31

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 ...

GST 2.0 gave economy buffer amid West Asia war: Maruti Suzuki's Bhargava

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

Top 3 PV models exported from India in Q1 are from Maruti Suzuki: MD & CEO

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 best placed to gain from alternative-fuel shift: Analysts

Analysts said that Maruti Suzuki is structurally best placed to benefit from the alternative-fuel shift, given it has a much larger market share in CNG compared with EVs.

Maruti Suzuki posts record sales, eyes faster path to next million vehicles

Maruti Suzuki expects small-car revival, new SUVs, capacity expansion and record exports to help it reach its next million-vehicle sales milestone sooner than anticipated

Maruti sees passenger vehicle market rising to up to 6.3 mn units by 2031

Maruti is reassessing its five-year growth targets as it expects the small-car segment to expand significantly faster than in the past five years, the company said in a statement

Maruti Suzuki chairman calls for faster reforms, easier business climate

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 ..

Maruti urges govt to launch amnesty scheme for past indirect tax disputes

CFO Arnab Roy calls for an "as-is" settlement mechanism or amnesty option to clear the historical litigation backlog and unlock trapped capital

Govt's V2V communication proposal may slow industry, says Maruti's Bhargava

Maruti Suzuki Chairman R C Bhargava questions mandatory V2V communication norms, while saying E20 adoption hinges more on fuel quality and distribution than engines

'Will be shortsighted to make big price increases due to West Asia war'

Maruti Suzuki Chairman R C Bhargava questioned the relevance of mandatory vehicle-to-vehicle communication norms, saying India's diverse driving conditions require differentiated standards

Maruti Suzuki shares down 2% after Q1 show; analysts mixed amid margin woes

Maruti Suzuki's stock has declined 16.48 per cent year to date and has underperformed the BSE barometer, the Sensex, which is down 7.74 per cent during the same period.

Maruti sales engine to keep humming through FY27 on strong demand

Capacity additions and healthy demand should fuel volume growth even as cost pressures weigh on margins