Business Standard

With 33% market share, Maruti eyes top slot in SUV space by FY24

At the moment, Tata Motors, Hyundai Motors India and Mahindra and Mahindra lead the SUV market

maruti suzuki, cars, automobile
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Sohini Das Mumbai
Maruti Suzuki India (MSIL) — the market leader in small cars — is eyeing the top spot in the sports utility vehicle (SUV) segment within a year — with a 33 per cent share of the pie. 

The company has been selling two SUVs – the Brezza and the Grand Vitara – and will start deliveries of the Jimny and the Fronx from March-end, and has set a target of growing its share from the current 11.5 per cent of the SUV market to 33 per cent by the end of 2023-24. 

The SUV segment is roughly about

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