Maruti Suzuki India Limited has informed the Exchange regarding a press release dated August 26, 2025, titled "Hon ble Prime Minister Shri Narendra Modi commemorates two historic firsts in India".
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Maruti Suzuki has begun production of its first Battery Electric Vehicle, the e VITARA, at its Gujarat plant (Suzuki Motor Gujarat), with the first export batch set to ship from Pipavav port to European countries including the UK, Germany, France, and Norway this month. The e VITARA is built on a dedicated EV platform and will be sold in over 100 countries, making it India's largest mass-produced and exported EV. In a second milestone, subsidiary TDS Lithium-Ion Battery Gujarat (TDSG) became the first company in India to achieve electrode-level localization of lithium-ion battery cells, producing batteries for the Grand Vitara strong hybrid SUV. Prime Minister Modi attended the commemoration event, highlighting the milestones as key Make in India achievements. Suzuki Group's total investment in India has crossed ₹1,00,000 crore, supporting over 11 lakh direct jobs.
This marks Maruti Suzuki's formal entry into the EV and battery manufacturing space, strengthening its long-term competitive position as India's auto market shifts to electrification. Near-term share price impact may be limited since this is an event/press release rather than a new financial disclosure, but it reinforces the company's growth narrative and export ambitions.