Maruti Suzuki VictorisMaruti Suzuki India has increased its market share in the sports utility vehicle (SUV) segment to 19.6 per cent in FY26 (till February), up from 16.8 per cent in FY20, highlighting the company’s focus in the fast-growing category.
The carmaker on Tuesday listed its plans to introduce seven new SUV models over the next five to six years in an investor presentation, aiming to strengthen its presence in a segment that now dominates India’s passenger vehicle (PV) market.
SUVs have seen a sharp rise in demand, with their share of the PV market increasing from 26.5 per cent in 2019 to 54.7 per cent in 2024, reflecting a significant shift in consumer preference towards higher ground-clearance vehicles with enhanced features and road presence.
Maruti Suzuki’s recent gains have been driven by multiple product launches, including the Grand Vitara, Brezza, Fronx, and Jimny, as well as newer additions such as the e-Vitara and Victoris. These models have helped the automaker expand its portfolio beyond its traditional dominance in small cars.
In the first nine months of FY26, the company sold 1.35 million units in the domestic market, of which around 3.67 lakh were SUVs, underscoring the segment’s growing contribution to its overall volumes.
Looking ahead, Maruti Suzuki is also working to scale up its manufacturing capacity to around 4 million units annually by FY30, as it prepares to meet rising domestic demand and strengthen India’s role as a global export hub.
The company’s upcoming Gujarat plant, expected to commence operations from FY28, will add 1 million units of annual capacity, supporting its long-term growth plans.
As of December 2025, Maruti Suzuki had a wide retail network of 4,487 outlets across India, including Arena, Nexa and commercial vehicle channels.
