Maruti Suzuki to boost annual production to 4 million units by 2030

Maruti Suzuki is pushing ahead with expansion plans to raise its annual production capacity in India to 4 million vehicles from 2.6 million now as early as 2030. While domestic auto sales growth is expected to be modest this year, India’s passenger vehicle market is expected to grow to 6 million vehicles by 2030, cementing its position as the world’s third-largest auto market.