Capex Plan Raised to ₹77,500 Crore

Maruti Suzuki India has raised its capital expenditure plan to ₹77,500 crore for the five years through FY31, as the country's largest carmaker prepares to invest in capacity expansion, new model development, and research and development.

Managing Director and CEO Hisashi Takeuchi outlined the investment roadmap while responding to shareholders at the company's annual general meeting on Monday.

"Regarding the capex side for FY26-27, we have planned a 40 per cent jump in capex expenditure in a single year, from around Rs 10,000 crore last year to Rs 14,000 crore this year. Cumulatively, during FY26-27 to FY30-31, we have planned a capex of Rs 77,500 crore," he said.

The revised plan is higher than the ₹70,000-crore investment indicated last year by Toshihiro Suzuki, Representative Director and President of Suzuki Motor Corporation, Maruti Suzuki India's parent company.

Investment Areas and Growth Strategy

Takeuchi said the expanded investment programme would cover a wide range of areas. "Capex is planned for capacity expansion, new model development, R&D activities, plant measures, marketing and sales infrastructure, carbon neutral measures, and logistics, and so on," he said.

The increased spending reflects the company's preparation for the next phase of growth in the Indian automotive market.

E20 Compatibility Assurance

Addressing concerns over ethanol-blended petrol, Takeuchi assured shareholders that all current products are compatible with E20 fuel.

"I would like to assure that all of our current ongoing products are E20 compatible products. Actually, we have improved our compatibility to ethanol from the production year 2008. So after 2008, all of our products are E20 compatible," he said.

Renewable Energy and Sustainability Plans

Maruti Suzuki plans to increase its in-house solar capacity from 1 MW in FY26 to 3 MW by FY31, which would cover nearly 35 per cent of its total electricity requirements.

"The remaining portion we are going to buy green electricity mainly by solar and wind power for our plant operations," Takeuchi said.

The company is also planning biomass facilities at its Manesar, Kharkhoda, and the upcoming Sanand plant in Gujarat.