Maruti Suzuki targets over 10 percent FY27 growth as demand outpaces supply

Capacity expansion is built to clear a backlog

Maruti Suzuki expects double digit growth in FY27, driven by firm domestic demand that is currently outstripping supply. The automaker is expanding production capacity to clear pending orders, while recent GST cuts and lower interest rates continue to support sales. To reduce geopolitical risk from West Asia tensions, it is also diversifying its export markets.