- Maruti sold a record 2.42 million vehicles and exported an all-time high 447,000 units in FY26, and expects to reach its next million-unit sales milestone earlier than previously projected.
- Maruti expects the domestic passenger vehicle market to grow to 6.1 million-6.3 million units by fiscal year 2030-31, driven by a revival in demand for small cars and a stronger sport utility vehicle segment.
- Maruti plans to invest about 350 billion rupees ($4 billion) to raise annual production capacity to 3.65 million vehicles by FY31.
- Maruti accelerated capacity expansion by adding 500,000 units of manufacturing capacity in FY27.
- Maruti's board approved an initial investment of 5.61 billion rupees to set up four biogas plants as part of its clean-energy strategy.
- Maruti plans to launch seven new SUVs over the next five to six years to strengthen its presence in the fast-growing segment.
Maruti Suzuki India is optimistic about the future of the domestic passenger vehicle market, projecting growth to 6.1-6.3 million units by FY31. This growth is attributed to a resurgence in demand for small cars and a robust sport utility vehicle (SUV) segment, according to Chairman R.C. Bhargava.
In FY26, Maruti achieved record sales of 2.42 million vehicles and exported an all-time high of 447,000 units. The company is confident it will reach its next million-unit sales milestone sooner than expected.
To support this growth, Maruti plans to invest approximately 350 billion rupees ($4 billion) to increase its annual production capacity to 3.65 million vehicles by FY31. The company is also reassessing its five-year growth targets, anticipating that the small-car segment will expand significantly faster than in previous years.
Additionally, Maruti's board has approved an initial investment of 5.61 billion rupees to establish four biogas plants, aligning with its clean-energy strategy. Managing Director and CEO Hisashi Takeuchi announced plans to launch seven new SUVs over the next five to six years to enhance its presence in the growing SUV market.
The company is also focusing on localisation and supplier capability development to mitigate geopolitical and supply-chain risks, while accelerating capacity expansion by adding 500,000 units of manufacturing capacity in FY27.
“Maruti plans to invest about 350 billion rupees ($4 billion) to raise annual production capacity to 3.65 million vehicles by FY31, and its board approved 5.61 billion rupees for four biogas plants. MD Hisashi Takeuchi said seven new SUVs will launch over the next five to six years.”
