Maruti Suzuki: ₹77,500 Cr Capex Fuels Growth

is stepping up investments for its next phase of growth, raising its five-year capex plan to ₹77,500 crore for FY27–FY31. The company plans to spend around ₹14,000 crore in FY27, a 40% increase over FY26, with investments focused on capacity expansion, new models, R&D, plant maintenance, sales infrastructure, logistics and cleaner manufacturing. The investment is aimed at significantly increasing Maruti’s production capacity. Current installed capacity is around 29 lakh vehicles annually, with the company targeting expansion towards 40 lakh units through additional capacity at existing and new facilities, including Sanand in Gujarat. This provides the manufacturing backbone to support future volume growth. Product strategy will be another key growth driver. Maruti plans to introduce seven new SUVs over the next five years, addressing its relatively weaker position in the fast-growing SUV segment. At the same time, the company is maintaining flexibility across EVs, hybrids, CNG and conventional powertrains, allowing it to adapt production to changing consumer preferences.