Maruti Suzuki intends to become the number one player in SUVs in 2023-2024: Shashank Srivastava

Maruti Suzuki India, has announced that it will increase car prices from April due to rising commodity prices and regulatory requirements. While the company had previously implemented minor price hikes to balance demand during the Covid-19 period, it finds the recent price levels inadequate. Maruti Suzuki’s Executive Director, Shashank Srivastava, revealed that the company plans to release 16 new brands in the upcoming years to fortify its product line and increase market share in the SUV sector.