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Maruti Suzuki plans to make huge gains in the next 5-6 years investment Plans to launch 8 SUVs with Rs. 500 crore and aims to achieve 50 percent market share in the passenger segment
Maruti Suzuki’s parent company Suzuki Motor Corporation has announced plans to launch 8 new SUV models in the Indian market by 2030. Speaking during the 2025 Japan Mobility Show, Toshihiro Suzuki, representative director and president of Suzuki Motor Corporation, said the brand will invest around Rs 70,000 crore in India by fiscal 2030-31. The company aims to achieve 50 per cent market share in the passenger vehicle (PV) segment in India as well as become the largest EV brand in the country.
Toshihiro Suzuki reiterated Suzuki’s long commitment to the Indian market and discussed Maruti’s upcoming car launches. He said India is the “most important market” for the company. Although he did not reveal the name of any model, but indicated that in the coming time, many new models will be introduced in different segments in India. With the launch of 8 new SUVs in the next 5-6 years, Maruti Suzuki will have a total of 28 models in its portfolio in India. The SUV segment in India has seen unprecedented growth in the last five years as it accounts for more than 50 percent of the total vehicles sold in the country.
We can expect the company to start with the launch of the FrontX facelift with a stronger hybrid powertrain by mid-2026, and then also launch a full-size 7-seater SUV by the end of 2026. However, reports suggest that a small, affordable electric SUV is also in the works, but there is no concrete information on that model yet.
Maruti Suzuki is also exporting record numbers of cars from India to various other markets. The export volume has increased by 3.3 times in the last 5 years. In FY 2024-25 alone, the company exported 3.3 lakh vehicles to Europe and Japan, and the number is likely to reach 4 lakh units by the end of this fiscal. Needless to say, India is the largest production center for Suzuki in the entire world.
Maruti Suzuki currently sells its cars in India with a variety of powertrain options such as petrol, CNG, mild-hybrid and strong-hybrid. The company is expected to enter the electric vehicle segment in December with the launch of the e-Vitara, which is said to be the company’s first indigenous locally manufactured battery electric vehicle (BEV). However, it is already available for sale in several markets, and its India-made model is exported from the brand’s Gujarat factory.
He said, “It is not practical to convert the entire vehicle fleet to BEV (battery electric vehicles) only. To achieve real reduction in carbon emissions, we will also have to look at a large number of non-BEV vehicles.” Suzuki believes it is important to work on multiple pathways to reduce carbon emissions, rather than relying on just one technology. Finally he informed that the company is partnering with major dairy cooperatives like Banas, Amul and National Dairy Development Board (NDDB). Under which 9 biogas plants will be established in Gujarat by 2027.