Maruti Suzuki expects India passenger vehicle sales to top 53 lakh in FY27
India’s passenger vehicle industry is expected to sell around 53–54 lakh vehicles in FY27, up from about 48 lakh last year, after last year’s GST cut boosted demand and consumer affordability. The 18% GST segment is growing faster, and Maruti Suzuki’s rural penetration is 53%. The company also faces tight dealer stock of about 16 days versus 30 days ideal for festivities, while planning ₹77,500 crore investment over four years.