Maruti Suzuki India to Unveil 7 New SUVs in 5-6 Years: MD & CEO Hisashi Takeuchi
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Maruti Suzuki to Launch 7 New SUVs in 5-6 Years, Targets Global Export Hub Status
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News18•17-03-2026, 16:30
Maruti Suzuki to Launch 7 New SUVs in 5-6 Years, Targets Global Export Hub Status
•Maruti Suzuki India plans to introduce seven new SUVs over the next five to six years to boost its market share in the rapidly growing segment.
•MD & CEO Hisashi Takeuchi announced the strategy, which also includes an entry-level car unique to Suzuki for first-time buyers.
•The SUV market share in India has surged from 26.5% in 2019 to 54.7% in 2024, with MSIL's share increasing due to recent launches like Jimny and Grand Vitara.
•Maruti Suzuki aims for a 4 million units annual production capacity to meet domestic demand and become a global export hub.
•The company will pursue a multi-fuel strategy, including electric, hybrid, CNG, and biofuel, for carbon neutrality.
