reuters.com

Maruti Expects India Passenger Vehicle Market to Reach 6.1–6.3 Million by FY2030–31

Maruti Suzuki India logoMaruti Suzuki India
Sig1.60Sen+3.30Env0.00Soc0.00Gov0.00

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.

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