More cars, less wait: Maruti Suzuki to add to its production capacity

Maruti Suzuki has received in-principle board approval to add to its production capacity in the country by up to one million or 10 lakh units per year. Maruti Suzuki also reported a higher-than-expected quarterly profit, powered primarily by a refreshed model lineup and positive sentiment in the passenger vehicle segment overall since Covid-19 lockdown restrictions began to be eased.

File photo: Jimny and Fronx are the two of Maruti Suzuki's biggest showstoppers at the Auto Expo 2023.
File photo: Jimny and Fronx are the two of Maruti Suzuki's biggest showstoppers at the Auto Expo 2023.

Maruti Suzuki is the country's largest car maker and has manufacturing facilities in Manesar and Gurugram, apart from an R&D center in Rohtak. There is a new manufacturing facility that is coming in Sonipat. In an exchange filing on Wednesday, the company informed it is now aiming to double its annual production capacity. At present, the company has a production capability to roll out 1.3 million units and is at full capacity.

The company has been on a product-launch spree since early 2022 when Covid-related restrictions began easing off. Popular models like Baleno, Alto K10, Brezza, Ertiga and XL6 have been updated. New models like Grand Vitara and Fronx have been launched with a big-time focus on SUV body type. The company will next drive out Jimny and plans to lead the SUV segment by end 2023. There is also a focus on expanding the CNG portfolio with as many as 14 models now also having the company-fitted kit. But while demand for most Maruti cars has increased, the wait time has also risen - stretching to several months for some of the models. The problem of semiconductor shortage, however, remains and is likely to have an impact on the number of cars manufactured, regardless of production capacity.

Also check these Cars

Find more Cars
Maruti Suzuki Ytb (HT Auto photo)
UPCOMING
₹7 - 11 Lakhs* *Expected Price
View Details
Maruti Suzuki Baleno (HT Auto photo)
1197 cc | Petrol | Manual
₹6.5 - 10 Lakhs**Ex-showroom price
Add to compare
Check latest offers
Maruti Suzuki S-presso (HT Auto photo)
₹4.25 - 5.99 Lakhs**Ex-showroom price
Add to compare
Check latest offers
Maruti Suzuki Dzire (HT Auto photo)
₹5.89 - 9.09 Lakhs**Ex-showroom price
Add to compare
Check latest offers
Maruti Suzuki Wagon R [2019-2022] (HT Auto photo)
DISCONTINUED
₹4.93 - 6.47 Lakhs**Last recorded price
Add to compare
View Details
Maruti Suzuki Wagon R (HT Auto photo)
₹5.39 - 7.1 Lakhs**Ex-showroom price
Add to compare
Check latest offers

Also Read : Get set for Toyota Innova Hycross-based Maruti MPV; launch in two months

Exports also remain in focus with MSIL Chairman RC Bharagava predicting the figures to touch around 750,000 by end of the ongoing decade.

Recently, the company announced its entire car model lineup has now been upgraded to meet the updated BS 6 Phase II emission norms. Electronic Stability Control (ESC) system has also been added to the safety highlights of each of the models offered under the Arena as well as Nexa retail chain.

First Published Date: 26 Apr 2023, 15:49 PM IST
Recommended for you
View all
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
55% OFF
SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing…
Rs. 269 Rs. 604
19% OFF
Involve Your Senses One Musk Organic Car Perfume, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g,Car Accessories interior car perfumes and fresheners
Rs. 324 Rs. 399
73% OFF
pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)
Rs. 349 Rs. 1,299
13% OFF
Jopasu Car Duster
Rs. 755 Rs. 869

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city