ANI |
Up to date: Aug 09, 2026 14:08 IST
New Delhi [India], August 9 (ANI): Maruti Suzuki India plans to introduce seven SUVs within the subsequent 5 years because the nation’s largest carmaker appears to be like to strengthen its presence within the section and put together for additional progress within the home passenger automobile market.
In its Annual Built-in Report 2025-26, launched by the corporate, Maruti Suzuki Managing Director and CEO Hisashi Takeuchi mentioned the corporate has accelerated its capability growth plans amid confidence in its medium-term progress prospects.
“Reflecting our confidence within the medium-term outlook, we accelerated our capability growth plans. Throughout FY 2026-27, we added 500,000 models of producing capability. Buyer expectations proceed to evolve quickly. The Firm has plans to introduce 7 SUVs within the subsequent 5 years to additional strengthen SUV portfolio,” Takeuchi mentioned.
The growth plans come as Maruti Suzuki expects India’s passenger automobile market to develop considerably over the subsequent 5 years, with the corporate additionally seeing prospects for a stronger revival within the small-car section.
Maruti Suzuki Chairman R C Bhargava mentioned the corporate is presently estimating that the Indian automobile business may develop to between 6.1 million and 6.3 million models by FY 2030-31.
“We’re within the course of of constructing as correct an estimate as potential of the seemingly progress of the automobile market within the subsequent 5 years. Presently, we’re estimating that the automobile business would develop to six.1 to six.3 million models by FY 2030-31 and that the share of the small automobile market would develop considerably sooner than its tempo of progress within the final 5 years,” Bhargava mentioned.
The corporate mentioned the revival of the small-car section, strengthening of its SUV portfolio, a multi-powertrain technique, capability growth and exports are among the many key drivers anticipated to help its subsequent part of progress.
Maruti Suzuki recorded its highest-ever annual gross sales of 24.22 lakh automobiles in FY 2025-26, whereas exports additionally touched a document 4.47 lakh automobiles. The corporate crossed the two-million annual gross sales mark for the third consecutive 12 months.
Other than increasing automobile manufacturing and its product portfolio, Maruti Suzuki can also be stepping up its efforts in different fuels.
The corporate’s board has accredited establishing 4 biogas crops within the first part at a price of Rs 561 crore. Bhargava mentioned Maruti Suzuki may make additional investments in biogas manufacturing and distribution after gaining expertise from the preliminary tasks.
“We strongly consider that biogas could be generated in giant portions from domestically out there assets. This type of power would substitute for imported CNG and be clear and renewable with zero import content material,” Bhargava mentioned.
He added that the corporate hopes to “make investments substantial quantities of cash within the manufacturing and distributions of biogas” after studying extra in regards to the course of and expertise from the primary part.
Maruti Suzuki mentioned its progress technique can be supported by growth in manufacturing, exports, expertise improvement and cleaner mobility as it really works in direction of its subsequent million-vehicle gross sales milestone. (ANI)
