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Business News | Maruti Suzuki Plans to Launch 7 SUVs in the Next 5 Years, Adds 5 Lakh Units Capacity
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In its Annual Integrated Report 2025-26, released by the company, Maruti Suzuki Managing Director and CEO Hisashi Takeuchi said the company has accelerated its capacity expansion plans amid confidence in its medium-term growth prospects.
"Reflecting our confidence in the medium-term outlook, we accelerated our capacity expansion plans.
Maruti Suzuki recorded its highest-ever annual sales of 24.22 lakh vehicles in FY 2025-26, while exports also touched a record 4.47 lakh vehicles.
Apart from expanding vehicle production and its product portfolio, Maruti Suzuki is also stepping up its efforts in alternative fuels.
Bhargava said Maruti Suzuki could make further investments in biogas production and distribution after gaining experience from the initial projects.