Maruti Suzuki Aims To Sell 1 Million Green Vehicles In FY27 - Effect Of CNG-Automatic In Baleno, Swift, Dzire
MSIL, a dominant player in the CNG category with a 70 per cent market share, was earlier expecting sales of 8 to 9 lakh units of green vehicles this fiscal.
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- Maruti Suzuki aims for 1 million green vehicle sales in FY27, including CNG, hybrid, and EV models
- New automatic S-CNG variants launched for Swift, Dzire, and Baleno to attract automatic transmission buyers
- MSIL holds 70% market share in CNG segment, currently selling about 80,000 CNG vehicles monthly
When will Maruti launch its first EV in India?
Maruti Suzuki India Ltd (MSIL) is targeting 1 million "green vehicle" sales - spanning CNG, hybrid and EV - this financial year, helped by structural tailwinds such as rising crude prices and the introduction of automatic transmission in CNG variants.
The car market leader, under its Auto Green Mission, on Friday launched automatic S-CNG variants of its popular car models - Swift, Dzire and Baleno.
MSIL, a dominant player in the CNG category with a 70 per cent market share, was earlier expecting sales of 8 to 9 lakh units of green vehicles this fiscal. However, it raised the projection with the introduction of new automatic transmission models, said Senior Executive Officer, Marketing & Sales Partho Banerjee.
He noted that CNG models previously lost out to petrol/automatic combinations because they lacked automatic transmission options.
The new Swift, Dzire and Baleno automatic S-CNG launches target exactly the "new-age customers who refuse to compromise", buyers who wanted CNG's running-cost benefit but would not give up automatic convenience, he said.
"This opens CNG to a segment that was previously unaddressed," Banerjee said in a media roundtable here. Replying to a query whether high crude prices, hovering at USD 100 per barrel, will help amplify the adoption of green vehicles, he said: "Yes, no doubt about it. We are aiming for close to almost 1 million sales (FY27)."
Maruti Suzuki is banking on its dominant position in the CNG segment to scale up towards the 1 million mark, with the company currently selling close to 80,000 CNG vehicles a month, he said.
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Within its own portfolio, CNG penetration stands at around 43 per cent, giving the company a strong base to expand rather than build demand from scratch, Banerjee said. According to Banerjee, the primary constraint to higher CNG volumes is on the supply side rather than customer demand.
"I now have a capacity restriction on the total CNG vehicles... I am playing with the CNG vehicles by allocating them based on my waiting periods," Banerjee said, adding that as production capacity - currently at 18,000 units a month - is ramped up, the company expects to unlock higher volumes.
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"As soon as they are able to further increase the CNG supplies, we can take it to the next level," he said. Asked if the new launches could push CNG penetration to 50 per cent of the green portfolio, Banerjee said, "If we get the supplies, we are very hopeful... let's keep our fingers crossed" on whether this is achieved within the current fiscal.
MSIL claimed its Dzire automatic S-CNG is India's most fuel-efficient sedan, delivering a fuel efficiency of 36.47 km/kg. The Dzire automatic S-CNG comes with introductory price of Rs 8.53 lakh, the Swift automatic S-CNG at Rs 7.92 lakh, and the Baleno automatic S-CNG at Rs 8.32 lakh (ex-showroom).
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Got a follow‑up question on this article? Go on
- How will Maruti expand its factory capacity to meet CNG demand?
- How are rival automakers responding to Maruti's new CNG automatic cars?
- Is public CNG fueling infrastructure ready for this massive growth?
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