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Maruti Suzuki Revises Growth Forecast, Plans ₹350B Investment by FY2031

Maruti Suzuki India logoMaruti Suzuki India
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Maruti Suzuki India expects compact car demand recovery and strong SUV growth to drive passenger vehicle expansion, revising its five-year targets. It now expects to reach the next sales milestone of 3 million units ahead of its prior forecast. To support growth, the company plans to lift annual production capacity to 3.65 million units by FY2031 with about ₹350 billion in investment, prioritizing localization and alternative sourcing amid supply-chain and geopolitical risks.

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