Business · India Bureau
Maruti Suzuki Targets One Million Green Vehicle Sales by FY27
India's largest automaker has raised its ambitions for environmentally-friendly vehicles, setting a goal to sell one million units by the 2026-27 financial year. The company, which commands over 70 percent of the domestic CNG vehicle market, plans to expand its green offerings including the Baleno and Swift with automatic transmission variants.
LSN India ·
Maruti Suzuki India Limited has escalated its targets for green vehicle sales, aiming to reach the one million-unit milestone by fiscal year 2026-27. The revised projection represents a significant increase from the company's earlier expectation of selling 8 to 9 lakh units during the current financial year.
The automaker's push comes as it seeks to strengthen its position in the expanding segment of environmentally-conscious consumers in India. With a dominant 70 percent market share in the CNG vehicle category, Maruti Suzuki is leveraging its strength in alternative fuel technologies to drive growth.
The company plans to bolster its green vehicle lineup with new variants and models, including CNG automatic transmission versions of popular models like the Baleno and Swift. These additions are designed to cater to customers seeking convenience alongside fuel efficiency and lower emissions.
The ambitious target reflects broader industry trends toward cleaner automotive solutions in India, where CNG vehicles have gained significant traction due to lower fuel costs and environmental benefits. Maruti Suzuki's expanded commitment underscores the potential growth in this segment as consumer preferences shift and regulatory pressures mount for reduced vehicular emissions.