MARUTI

Maruti continues to dominate India’s passenger vehicle market, with rising demand for SUVs boosting margins. The company’s focus on hybrid and CNG variants is helping it stay competitive amid the EV transition. While raw material costs have been manageable, supply chain pressures are easing, supporting production ramp-up. Its upcoming EV launch in 2025 is expected to mark a new chapter in Maruti’s growth. Backed by strong brand equity, widespread dealer network, and robust balance sheet, Maruti remains a long-term play on India’s automobile growth story.