Maruti Suzuki India

Maruti Suzuki India Ltd. (MSIL), the country’s largest carmaker, is venturing deeper into the financial services space with an ambitious plan to scale its chit fund business to Rs. 10,000 crore by 2028. This strategic expansion reflects the company’s intention to diversify beyond automobile manufacturing and strengthen its presence in financial solutions tailored to middle-class households and small businesses.

Maruti Suzuki India has unveiled a robust renewable energy roadmap, committing over Rs 925 crore to increase its captive solar power capacity to 319 megawatt-peak (MWp) by fiscal year 2030–31. This strategic investment underlines the auto manufacturer’s dedication to reducing its carbon footprint and aligning with both India’s renewable energy ambitions and Suzuki Motor Corporation’s global environmental goals. Recent projects include a 20MWp solar plant in Kharkhoda and a 10MWp expansion at Manesar, raising Maruti's solar capacity from 49MWp to 79MWp in just one year.

Maruti Suzuki, India’s leading automaker, is facing muted growth in the domestic passenger vehicle segment, particularly in the small car market, despite recent income tax relief measures. Chairman R.C. Bhargava highlighted affordability challenges as the primary factor behind the decline, pointing out that only 12% of Indian households earn above Rs. 12 lakh annually—limiting demand for cars priced Rs. 10 lakh and above.

Shares of Maruti Suzuki India fell nearly 2% on Friday after the company reported a slight decline in its consolidated net profit for the fourth quarter of the fiscal year 2025. Despite a year-on-year decline of 1% in profits, the auto giant's total revenue rose by 6.5% compared to the previous year. The company attributed the profit dip to an increase in expenses, which surged by over 8% during the period.

In a tribute to the late Osamu Suzuki, former Chairman of Suzuki Motor Corporation, Maruti Suzuki India and its Japanese parent company have announced the establishment of the Osamu Suzuki Centre of Excellence (OSCOE) in India. Set to be located in Gujarat and Haryana, the initiative is designed to elevate Indian manufacturing by incorporating globally competitive standards and the revered Japanese manufacturing philosophy. OSCOE will focus on capacity building across industries—beyond the automotive sector—through academia-industry collaboration.