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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Maruti Suzuki records highest-ever production of 23.4 lak...
2026-04-23 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Maruti Suzuki credited its strong ecosystem, policy support, and growing demand for the record output. It also emerged as the top-performing facility within Suzuki Motor Corporation globally.

Maruti Suzuki credited its strong ecosystem, policy support, and growing demand for the record output. It also emerged as the top-performing facility within Suzuki Motor Corporation globally. | Photo Credit: BHAWIKA CHHABRA

Car market leader Maruti Suzuki India Ltd on Thursday said it clocked its highest-ever annual production volume of 23.4 lakh units in FY 2025-26.

The feat makes the company the only passenger vehicles manufacturer in India to achieve such record production volume as per SIAM data, Maruti Suzuki India Ltd (MSIL) said in a statement.

The company has also become the only firm among Suzuki Motor Corporation's global automobile manufacturing facilities, to achieve this landmark volume, it added.

Commenting on the record, MSIL Managing Director & CEO Hisashi Takeuchi said very few companies across the world have been able to manufacture such large volumes in a single country.

"This achievement is the outcome of a carefully nurtured automobile ecosystem built over four and a half decades. At its foundation lies the mutual trust and long-standing collaboration that we share with our employees, vendor and dealer partners," he said.

This ecosystem supported by the current government's policy environment, like the rollout of GST 2.0, strengthened market confidence and stimulated demand at a critical time allowing the company to manufacture record-high units, Takeuchi said.

He further said, "Our parent company, Suzuki Motor Corporation's strong belief in India's growth story, along with an increased focus on developing India as an export hub, is enabling us to further expand our production capacity. We aim to scale it to about 40 lakh units per annum." MSIL said its models Dzire, Fronx, Swift, Ertiga and Baleno were the most produced models during the year, with each crossing the 2 lakh unit mark.

The company currently operates four manufacturing facilities, one each in Gurugram, Manesar and Kharkhoda in Haryana, and Hansalpur in Gujarat. These facilities have a combined installed annual capacity of 24 lakh units.

As part of its capacity expansion strategy, in March 2026. MSIL identified land for its fifth manufacturing facility at Khoraj Industrial Estate in Sanand, Gujarat.

Once fully operational, this facility will have an annual production capacity of 10 lakh units.

At present, MSIL manufactures 17 models with over 650 variants for domestic and export markets.

Published on April 23, 2026