Suzuki Motor Corporation plans to launch 10 new cars in India by 2030-31, aims for 50% market share, and invests in clean energy.

Suzuki Motor Corporation is making a strong comeback bid in India, its most crucial market. The company has announced a strategic plan to launch a total of 10 new car models by March 2031, with a particular emphasis on expanding its presence in the SUV segment, including eight new SUV models. This move is aimed at reclaiming the company's market share in India, which currently stands at 38%, back to its pre-pandemic peak of approximately 50%.

Beyond expanding its vehicle offerings across various categories, from entry-level cars to large SUVs and MPVs, Suzuki is also significantly boosting its clean energy initiatives in India. This includes substantial investments in Compressed Biogas (CBG) projects. The company plans to set up nine biogas plants in Gujarat by 2027, partnering with prominent Indian dairy cooperatives such as Amul, Banas Dairy, and the National Dairy Development Board (NDDB). These projects are designed to contribute to India's energy security and climate objectives by reducing reliance on oil imports and promoting carbon neutrality.

Suzuki also expressed its commitment to becoming a leader in Electric Vehicle (EV) production, sales, and exports in India, with plans to introduce multiple powertrain options including hybrid, compressed natural gas (CNG), and biogas-powered vehicles.

Impact: This news has a significant positive impact on the Indian automotive sector. It signals increased competition and innovation, potentially benefiting consumers with more choices and advanced technologies. The investment in clean energy and biogas plants also aligns with India's environmental goals and strengthens the country's position in the renewable energy landscape. The focus on regaining market share suggests aggressive strategies, which could boost sales and production volumes for Maruti Suzuki India Limited. Rating: 8/10

**Glossary:**

* **SUV (Sport Utility Vehicle):** A type of vehicle that combines features of road-going passenger cars with off-road vehicle attributes. They typically have higher ground clearance, a more robust build, and often four-wheel drive capabilities. * **MPV (Multi-Purpose Vehicle):** A car designed to carry passengers and often offers flexible seating configurations and ample cargo space, making it versatile for families or group travel. * **EV (Electric Vehicle):** A vehicle that is propelled by one or more electric motors, using energy stored in rechargeable batteries. EVs do not produce tailpipe emissions. * **CBG (Compressed Biogas):** Biogas that has been purified to remove impurities like carbon dioxide and hydrogen sulfide, then compressed to a high pressure. It is chemically similar to natural gas and can be used as a fuel for vehicles or injected into the gas grid. * **Carbon Neutrality:** The state of achieving a balance between the amount of carbon dioxide produced and the amount removed from the atmosphere. This means net-zero carbon emissions.