Maruti Suzuki accelerates growth strategy with major expansion plans. The automaker plans to launch seven new SUVs over the next five to six years while ramping up production capacity to 4 million units annually. This aggressive expansion targets India's rapidly shifting vehicle market, where SUVs now account for 54.7 percent of passenger vehicle sales, up from just 26.5 percent in 2019. The company is also introducing an entry-level car targeting first-time buyers, supported by recent GST-led price reductions that have boosted demand recovery. Maruti's multi-fuel strategy spanning CNG, hybrids, and electric vehicles positions the company to capture diverse consumer preferences while deepening rural market penetration through expanded dealer networks.
