Auto Sector

India’s leading passenger vehicle manufacturer, Maruti Suzuki India Limited, is set to launch seven new sport utility vehicles (SUVs) in the domestic market over the coming years, signaling a strategic push into the high-demand SUV segment. The initiative reflects growing consumer preference for SUVs, which now dominate India’s automotive sales, and aligns with the company’s ambition to diversify its product portfolio.

India’s largest passenger vehicle manufacturer, Maruti Suzuki India Limited, has received an income tax demand totaling Rs. 5,786 crore from authorities following an assessment related to past financial years. The development has drawn attention across financial markets, as investors evaluate the potential implications for the automaker’s balance sheet and regulatory environment. Company officials have indicated that the order will be reviewed thoroughly and may be challenged through legal channels.

French automaker Renault has reintroduced the iconic Renault Duster in the Indian market, aiming to strengthen its presence in the highly competitive mid-size sport utility vehicle segment. The relaunch marks a strategic move as consumer demand for SUVs continues to surge across the country. With updated design, enhanced technology and improved performance features, the new model is expected to compete with established rivals in a segment valued in billions of rupees annually.

Tata Motors has announced a price increase of up to 1.5 percent across its commercial vehicle portfolio, effective April 1, citing rising commodity prices and escalating input costs. The adjustment will vary depending on the model and variant of the vehicle. As one of India’s largest manufacturers of trucks, buses, and utility vehicles, the company’s pricing decision reflects broader cost pressures affecting the automotive industry.

Tata Motors has secured supply orders for more than 5,000 buses and bus chassis from several state transport undertakings across India, strengthening its position in the country’s public transportation sector. The orders cover a diverse portfolio of passenger mobility solutions, including models such as Magna, Cityride, Starbus, and Starbus Prime.