Monday, September 15, 2025
32.1 C
New Delhi

Aiming for market leadership in mid-size SUV segment: Maruti Suzuki official



<p>So far, Maruti Suzuki India has been present in the segment with only Grand Vitara, which is retailed through its premium chain NEXA. It clocked sales of 1.23 lakh units in FY25.</p>
<p>“/><figcaption class= So far, Maruti Suzuki India has been present in the segment with only Grand Vitara, which is retailed through its premium chain NEXA. It clocked sales of 1.23 lakh units in FY25.

Maruti Suzuki India is gunning for leadership in the mid-size SUV segment in the domestic market, currently dominated by its South Korean rival Hyundai, a senior company official said on Monday.

The company, which has launched its new mid-size SUV Victoris with introductory prices ranging from Rs 10.5 lakh to Rs 19.99 lakh (ex-showroom), is targeting a wider reach, specially GenZ customers by bringing it through its ARENA retail chain, Maruti Suzuki India Senior Executive Officer, Marketing & Sales Partho Banerjee told reporters here in an interaction.

“There are three segments (in SUVs). There is entry, mid and the premium. In the entry segment, we are the market leaders. In mid-SUV, we are not the market leaders. Our aspiration is to become the market leader there, and in premium SUV right now, we don’t operate,” he said when asked about the company’s aspirations in the SUV segment.

He said the mid-size SUV segment is “the only segment” where Maruti Suzuki India, the country’s largest carmaker, is not the leader.

“That is our endeavor. We want to be the market leader (in mid size SUV segment),” Banerjee said while declining to put a timeline to achieve the target.

As per industry estimates, the mid-size SUV segment clocked total sales of around 10 lakh units in FY25. Hyundai Motor India’s Creta is the leader in the segment and it clocked overall sales of 1,94,871 units in FY25.

So far, Maruti Suzuki India has been present in the segment with only Grand Vitara, which is retailed through its premium chain NEXA. It clocked sales of 1.23 lakh units in FY25.

With the Victoris coming in, Banerjee said the company is optimistic of enhancing its presence in the mid-size SUV segment.

“We are getting bookings of almost 1,000 per day since it was opened…So far, we have received almost 10,000 bookings,” he added.

Sales of the Victoris will commence from September 22, 2025, the company said.

By bringing the Victoris in the ARENA mass market retail chain which has over 4,000 outlets across the country as compared to 700 of NEXA premium outlets, the company is aiming for a wider reach, with the focus on GenZ.

“We are looking forward to having a niche segment, typically targeting the Gen Z customers, which is a huge segment. We want to cater to that,” Banerjee added.

The Victoris comes in 21 variants, including strong hybrid, four-wheel drive, CNG and smart hybrid, with 5-star safety ratings making it aspirational, yet accessible for today’s youthful SUV customers, he added.

  • Published On Sep 15, 2025 at 08:43 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETAuto industry right on your smartphone!

Go to Source

Hot this week

Qatar Says Israel Making Gaza ‘Unlivable’; Netanyahu Blames Doha, China For Economic Isolation

Curated By : Last Updated:September 15, 2025, 23:11 IST Netanyahu acknowledged that Israel is increasingly economically isolated as consequences of the Gaza war mount Qatar’s Emir Sheikh Tamim bin Hamad al-Thani, and Israeli Prime Read More

‘All Hands On Deck’: Charlie Kirk’s Memorial A Major Test For US Secret Service

Curated By : Last Updated:September 15, 2025, 22:57 IST Charlie Kirk’s memorial will draw Donald Trump, Marco Rubio, and top Republicans, posing major security challenges for the US Secret Service amid heightened threats A poster Read More

NYFW Sunday: Bach Mai, Dauphinette, Cos

Published September 15, 2025 Finding a bona fide couturier in New York is relatively rare, yet on Sunday two fresh talents, Bach Mai and Dauphinette, staged impressive collections ranging from poised to punchy, after a morning of Scandi mini Read More

‘Avengers: Doomsday’ first synopsis REVEALED

The release of Marvel’s next big film ‘Avengers: Doomsday’, is still months away from its release, but details about the film, are already spilling online. Read More

‘For Israel, Negotiations Are Part Of War’: Qatar Emir Alleges Bid To Derail Gaza Peace Talks With Doha Strikes

Qatar’s Emir Sheikh Tamim bin Hamad Al Thani has accused Israel of deliberately obstructing ceasefire negotiations in Gaza through its recent strike on Hamas representatives in Doha. Read More

Topics

Qatar Says Israel Making Gaza ‘Unlivable’; Netanyahu Blames Doha, China For Economic Isolation

Curated By : Last Updated:September 15, 2025, 23:11 IST Netanyahu acknowledged that Israel is increasingly economically isolated as consequences of the Gaza war mount Qatar’s Emir Sheikh Tamim bin Hamad al-Thani, and Israeli Prime Read More

‘All Hands On Deck’: Charlie Kirk’s Memorial A Major Test For US Secret Service

Curated By : Last Updated:September 15, 2025, 22:57 IST Charlie Kirk’s memorial will draw Donald Trump, Marco Rubio, and top Republicans, posing major security challenges for the US Secret Service amid heightened threats A poster Read More

NYFW Sunday: Bach Mai, Dauphinette, Cos

Published September 15, 2025 Finding a bona fide couturier in New York is relatively rare, yet on Sunday two fresh talents, Bach Mai and Dauphinette, staged impressive collections ranging from poised to punchy, after a morning of Scandi mini Read More

‘Avengers: Doomsday’ first synopsis REVEALED

The release of Marvel’s next big film ‘Avengers: Doomsday’, is still months away from its release, but details about the film, are already spilling online. Read More

‘For Israel, Negotiations Are Part Of War’: Qatar Emir Alleges Bid To Derail Gaza Peace Talks With Doha Strikes

Qatar’s Emir Sheikh Tamim bin Hamad Al Thani has accused Israel of deliberately obstructing ceasefire negotiations in Gaza through its recent strike on Hamas representatives in Doha. Read More

In Rare Move, Belarus Invites US Military To Drills, Allots Them ‘Best Viewing Seats’

Curated By : Last Updated:September 15, 2025, 22:39 IST US officers attended the Zapad-2025 Russia-Belarus drills, welcomed by Belarus Defence Minister Viktor Khrenin. Their visit signals warming US-Belarus ties. Read More

Qatar Emir Blasts Israel’s “Dream” of Influencing Arab World, Calls It “dangerous Illusion”

Qatar Emir Blasts Israel’s “Dream” of Influencing Arab World, Calls It “dangerous Illusion” Go to Source Read More

Related Articles