Maruti Suzuki Outlines ₹77,500 Crore Capex Plan Through FY31

Maruti Suzuki India plans to invest ₹77,500 crore over the five years from FY2026-27 to FY2030-31 as it expands production capacity, develops new models and strengthens its research and development capabilities.

Responding to a shareholder query at the company’s 45th annual general meeting, Managing Director and CEO Hisashi Takeuchi said the expenditure would cover capacity expansion, new-model development, R&D, plant maintenance, marketing and sales infrastructure, carbon-reduction measures and logistics.

Maruti Suzuki's FY27 Capex to Jump 40% to ₹14,000 Crore

For FY2026-27 alone, Maruti Suzuki has planned capital expenditure of ₹14,000 crore, a 40% increase over the ₹10,000 crore invested in FY2025-26.

The investment cycle comes as the carmaker prepares to increase manufacturing capacity, widen its product portfolio and support further growth in domestic sales and exports.

Capacity Expansion and Multi-Powertrain Strategy Anchor the Spending

Capacity expansion is expected to be a key component of the programme, alongside spending on new products and technology. Maruti Suzuki is pursuing a multi-powertrain strategy spanning CNG, hybrids, electric vehicles and internal-combustion engines as it responds to evolving customer demand and emission requirements.

Investment in marketing, sales infrastructure and logistics will support the expansion of its domestic network and growing export operations, while spending on carbon reduction will cover efforts to lower emissions across products and manufacturing.

₹77,500 Crore Plan: How the Annual Spending Breaks Down

The ₹77,500 crore programme translates into an average annual investment of ₹15,500 crore over five years. With ₹14,000 crore planned for FY27, the remaining ₹63,500 crore would imply average annual spending of nearly ₹15,900 crore over the subsequent four years, indicating that the investment cycle could gather pace as major capacity, product and technology programmes progress towards FY31.