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Maruti bets big on SUVs
Financial Express Kochi
|September 04, 2025
MARUTI SUZUKI INDIA is sharpening its focus on the fast-growing sports utility vehicle (SUV) market and plans to enter the premium segment as well, managing director and CEO Hisashi Takeuchi said on Wednesday.
The company, which has long dominated the small-car space, is now looking to strengthen its SUV portfolio as the segment accounts for nearly 55% of overall passenger vehicle sales in the country.
For Maruti, SUVs contribute about 28% of sales, a share that has tripled since 2020-21.
"We are covering up to the mid-size SUV segment but the over 4.5-metre category is now becoming a decent market size. I think we definitely have to have one product in this segment. We are talking about this, and we are studying," Takeuchi said at the launch of the company's new mid-size SUV, Victoris.
This story is from the September 04, 2025 edition of Financial Express Kochi.
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