Suzuki Plans 30% Sales Growth by 2030 with Major Investments in India

Suzuki Motor Corporation has unveiled an ambitious mid-term management plan (FY2025-FY2030) to reclaim a 50% market share in the Indian passenger vehicle segment. The Japanese automaker plans to expand its SUV and MPV lineup, introduce new entry-level models, and invest heavily in India's automobile industry.

Currently, Maruti Suzuki India (MSI), in which Suzuki holds a 58.19% stake, has a market share of around 41% in the domestic passenger vehicle sector. The company is now working towards regaining its dominant position by introducing vehicles that align with evolving customer preferences and industry trends.

Expanding Global Footprint: Focus on Middle East & Africa

Apart from India, Suzuki aims to expand business operations in the Middle East and Africa. Recognizing the immense growth potential in these regions, Suzuki plans to export vehicles from India to strengthen its market presence.

This strategy not only supports Suzuki's global expansion goals but also reinforces India's role as a manufacturing and export hub for the brand. The company will focus on introducing vehicles tailored to regional needs, ensuring competitiveness in emerging markets.

Maruti Suzuki to Strengthen SUV and MPV Portfolio

Understanding the growing demand for SUVs and MPVs, Suzuki plans to enhance Maruti Suzuki's product lineup in these segments. The company aims to introduce new models with advanced features, improved performance, and superior fuel efficiency.

Additionally, entry-level models will be rapidly developed to cater to budget-conscious consumers. By offering a diverse range of products, Suzuki intends to strengthen its position in the Indian automobile industry and appeal to a broader customer base.

Increasing Production Capacity to Four Million Units Annually

To meet the rising demand in both domestic and international markets, Suzuki plans to expand Maruti Suzuki's annual production capacity to four million units. This strategic move will help:

• Meet local demand efficiently

• Boost exports from India

• Strengthen India's position as a global automotive hub

The company will gradually scale production capacity, monitoring market conditions to ensure optimal expansion.

Driving EV Growth: Expanding BEV Lineup & Charging Infrastructure

Suzuki is aggressively working towards becoming a key player in India's EV market. Maruti Suzuki recently unveiled the eVITARA, its first battery electric vehicle (BEV), which will be available for both domestic and export markets.

The automaker plans to expand its BEV portfolio, launching four electric models by FY2030. To facilitate wider EV adoption, Suzuki also aims to invest in charging infrastructure across India, promoting the popularization of electric vehicles.

Sustainability Initiatives: Biogas Production for CNG Vehicles

As part of its commitment to sustainability, Suzuki is exploring biogas production as an alternative fuel source. The company plans to establish biogas plants that convert cow dung and paddy straw into fuel for CNG vehicles.

This initiative will:

• Reduce greenhouse gas emissions

• Promote rural energy self-sufficiency

• Support a circular economy in India

By leveraging renewable energy solutions, Suzuki is working towards a greener and more sustainable future for the Indian automobile industry.

Collaboration with Toyota for Carbon Neutrality

Suzuki and Toyota continue their strategic collaboration, focusing on multi-pathway solutions for achieving carbon neutrality. While remaining competitors, both companies aim to:

• Develop advanced automotive technologies

• Introduce eco-friendly vehicles

• Contribute to a sustainable automotive ecosystem

This partnership strengthens Suzuki's position in the global market, ensuring long-term growth and innovation.

Financial Goals: Achieving Higher Revenue & Profit Margins

Suzuki has set ambitious financial targets, aiming to achieve:

• 8 trillion yen in revenue by FY2030

• 800 billion yen in operating profit

• 10% operating profit margin

• Return on Equity (ROE) of 13%

These goals reflect Suzuki’s strong financial outlook, ensuring profitability and long-term success in a competitive global market.

Conclusion

Suzuki's bold expansion strategy for India and global markets focuses on: Strengthening SUV & MPV lineup, Expanding EV offerings, Investing in sustainable fuel alternatives, Increasing production & exports With India as its key market, Suzuki aims to lead in innovation, production, and sustainability, shaping the future of mobility.