Maruti Suzuki India Limited has released its Annual Integrated Report for FY 2025-26, titled “The Next Million, New Momentum: Every Engine of Growth in Motion.” The report outlines the company’s growth strategy and highlights the key factors expected to drive its next phase of expansion.
The theme reflects the momentum generated by multiple growth drivers working simultaneously. These include the revival of the small-car segment, continued strengthening of Maruti Suzuki’s SUV portfolio, a multi-powertrain strategy, capacity expansion and strong export performance.
Maruti Suzuki recorded its highest-ever annual sales of 24.22 lakh vehicles during FY 2025-26. The company also achieved record exports of 4.47 lakh vehicles, further strengthening its position in international markets. The automaker crossed the 2 million annual sales milestone for the third consecutive year, reflecting sustained demand across its product portfolio.
With its key growth engines gaining momentum, Maruti Suzuki remains optimistic about achieving its next million-vehicle milestone earlier than previously anticipated.
The Annual Integrated Report highlights the company’s focus on strengthening its product portfolio, expanding production capacity, leveraging multiple powertrain technologies and increasing its global presence as it enters the next phase of growth.
Mr. R. C. Bhargava, Chairman, Maruti Suzuki India Limited said, “I am happy to inform you that these GST reforms have given a new impetus not only to the automobile industry but to several sectors of the economy… We are in the process of making as accurate an estimate as possible of the likely growth of the car market in the next five years. Presently, we are estimating that the car industry would grow to 6.1 to 6.3 million units by FY 2030-31 and that the share of the small car market would grow significantly faster than its pace of growth in the last five years.”
On India’s journey towards Net Zero, he added, “In India we need to use multiple technologies to achieve our goal of moving to net zero. We strongly believe that biogas can be generated in large quantities from locally available resources. This form of energy would substitute for imported CNG and be clean and renewable with zero import content. In addition, there would be many valuable byproducts… Maruti Suzuki Board has approved that we start four biogas plants in the 1st phase, at a cost of Rs.561 crore, and once we have learnt more about the process and technology, we hope to invest substantial amounts of money in the production and distributions of biogas. It will provide zero emission fuel and reduce the pressure on CNG and on burning coal for generating electricity.”
Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited said, “Reflecting our confidence in the medium-term outlook, we accelerated our capacity expansion plans. During FY 2026-27, we added 500,000 units of manufacturing capacity. Customer expectations continue to evolve rapidly. The Company has plans to introduce 7 SUVs in the next 5 to 6 years to further strengthen SUV portfolio.”
He added, “As India progresses towards becoming a developed nation by 2047, the automobile industry has both a responsibility and an opportunity to contribute meaningfully to this journey. Through manufacturing, exports, technology development, employment generation, skill creation and sustainable mobility, Maruti Suzuki remains committed to supporting India’s aspirations. The next million sales of vehicles represent far more than a volume milestone. They represent greater access to mobility, stronger manufacturing capabilities, wider adoption of cleaner technologies, deeper localization and broader value creation for society.”
