Maruti Expects India Passenger Vehicle Market to Reach 6.1–6.3 Million by FY2030–31
Maruti Suzuki India expects India’s domestic passenger vehicle market to grow to 6.1–6.3 million units by fiscal 2030–31, citing a revival in demand for small cars and a stronger sport utility vehicle segment. The company said it is reassessing its five-year growth targets, expecting the small-car segment to expand faster than it did in the prior five years.