Maruti Suzuki India Limited has released its Annual Integrated Report 2025-26, titled “The Next Million, New Momentum”, highlighting the key factors expected to drive the company’s next phase of growth. The report comes after Maruti Suzuki recorded its highest-ever annual sales of 24.22 lakh vehicles and record exports of 4.47 lakh units in FY2025-26.
The company crossed the two-million-unit annual sales mark for the third consecutive year. Maruti Suzuki said the revival of the small-car segment, a stronger SUV portfolio, its multi-powertrain strategy, capacity expansion and rising exports are creating new growth opportunities. With these growth drivers in place, the company is confident of reaching its next million-vehicle sales milestone earlier than previously expected.
RC Bhargava, Chairman, Maruti Suzuki India Limited, said recent GST reforms have provided fresh momentum to the automobile industry and other sectors of the economy. He said the company is assessing the likely growth of India’s passenger vehicle market over the next five years and currently expects the car market to reach 6.1 million to 6.3 million units by FY2030-31. Mr Bhargava also said the small-car segment could grow at a faster pace than it did during the previous five years, supporting the company’s long-term strategy in the category.
On India’s transition towards Net Zero, Mr Bhargava highlighted the potential of biogas as a locally produced and renewable source of energy. Maruti Suzuki’s Board has approved the establishment of four biogas plants in the first phase at an investment of ₹561 crore.
The company plans to use the initial projects to build experience in biogas production and technology before considering larger investments in production and distribution. Maruti Suzuki said biogas could help reduce dependence on imported CNG while providing a cleaner energy source.
Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India Limited, said the company accelerated its manufacturing capacity expansion in response to its confidence in the medium-term automobile market. During FY2026-27, Maruti Suzuki added 500,000 units of manufacturing capacity.
The company is also planning to expand its SUV range, with seven new SUVs expected to be introduced over the next five to six years. The move is aimed at strengthening its presence in one of India’s fastest-growing vehicle segments. Mr Takeuchi said Maruti Suzuki’s next million vehicles would represent more than a sales target, covering wider access to mobility, stronger domestic manufacturing, technology development, employment generation, deeper localisation and greater adoption of cleaner technologies.
The company said its growth strategy will remain focused on manufacturing, exports, technology, capacity expansion and sustainable mobility as India moves towards its 2047 development goals. Maruti Suzuki India Limited is India’s largest passenger vehicle manufacturer and a subsidiary of Suzuki Motor Corporation, Japan. The company offers a wide range of cars, SUVs, MPVs and commercial vehicles under brands including Arena and NEXA.
Maruti Suzuki has an extensive manufacturing and sales network across India, supported by a large dealer and service ecosystem. The company manufactures vehicles at its facilities in Haryana and Gujarat and exports vehicles to international markets. Its product portfolio includes models such as Swift, Baleno, WagonR, Dzire, Brezza, Fronx, Grand Vitara, Ertiga and Invicto. Maruti Suzuki is also expanding its focus on electric mobility, advanced vehicle technologies and cleaner powertrain solutions as it responds to changing customer preferences and India’s evolving automotive market.
