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

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Bajaj Auto launches WEGO electric three-wheeler range in India 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
Maruti Suzuki to launch 4 EVs by 2031
By PTI · 2026-04-11 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Car market leader Maruti Suzuki India will roll out four more electric vehicles by 2031, a senior executive of the company said on Saturday here.

Maruti Suzuki marked a milestone in its electric vehicle journey by delivering 108 units of its e VITARA to customers in a single day at a handover ceremony held here, underscoring the growing customer trust in the country's largest carmaker as it accelerates its transition toward cleaner mobility, Partho Banerjee, Senior Executive Officer, Marketing and Sales, MSIL said.

“We have announced in our midterm plan that by 2031, we are going to have four more electric vehicles in our portfolio and obviously, we will have to play across the sectors. So, everything is there in the pipeline,” he told reporters.

He further said by 2031, MSIL aims to become the number one player in the BEV also, and that the carmaker will play it as per the market.

Replying to a query, he said irrespective of the West Asia crisis, the company needs to raise prices because of the hike in commodity prices.

"However, the amount of hike will be announced soon."

Banerjee noted that during the previous fiscal, MSIL exported close to 4.50 lakh vehicles and the impact of the West Asia conflict is yet to be assessed.

Manufactured exclusively at Maruti Suzuki’s Hansalpur Manufacturing facility in Gujarat, e VITARA was the highest exported Battery Electric Vehicle (BEV) from India in FY26.

Over 25,000 units of e VITARA have already been exported to 44 countries (destined for over 100 countries), company sources said.

To make electric mobility more accessible, reliable, and scalable for India, Maruti Suzuki aims to enable a network of over one lakh public charging points across the country by 2030, the sources said.

MSIL has set up over 2,000 Maruti Suzuki charging points across the country.

Maruti Suzuki has a nationwide footprint of EV-ready service workshops supported by a 1.5 lakh-strong, specially trained workforce to ensure a complete peace of mind for customers.

e VITARA is Maruti Suzuki’s first Battery Electric Vehicle (BEV), engineered for both domestic and global markets, the sources added.

Published on April 11, 2026