Maruti Suzuki India Ltd, the country’s largest passenger carmaker, expects significant growth potential in the small-car segment and will continue to focus on the category through new and appropriate product interventions, MD & CEO Hisashi Takeuchi said.

Addressing shareholders at the company’s 45th Annual General Meeting (AGM), Takeuchi said Maruti Suzuki remains the dominant player in the small-car market, with its Alto K10, S-Presso, Celerio and Wagon R models commanding an 83% market share during April-July.

The company has also witnessed strong momentum in the segment following the implementation of GST 2.0. “Post GST 2.0, the company has witnessed significant growth of 63% in small-car volumes in the April-July period,” Takeuchi said.

Maruti Suzuki’s continued focus on small cars comes as the company seeks to strengthen its product portfolio and cater to evolving consumer demand across price segments.

On investments, Takeuchi said the company has outlined a capital expenditure plan of ₹77,500 crore between FY27 and FY31. The planned investments will be directed towards capacity expansion, development of new models, research and development, plant maintenance, marketing and sales infrastructure, carbon-reduction initiatives and logistics.

For FY27, Maruti Suzuki plans to increase its capital expenditure by 40% to ₹14,000 crore, compared with ₹10,000 crore in FY26.