Maruti Suzuki Grand Vitara Becomes Fastest Mid-Size SUV to Cross 3 Lakh Sales Milestone
New Delhi, June 6, 2025 — Maruti Suzuki India Ltd. has announced a major sales milestone for its flagship mid-size SUV, the Grand Vitara, which has surpassed 3 lakh units sold in just 32 months — the fastest in its segment, according to the company.
The achievement reinforces the Grand Vitara's strong market presence and growing popularity among urban, tech-savvy Indian consumers. Its success has been largely driven by the strong hybrid variants, which recorded a robust 43% year-on-year growth in FY24-25.
To commemorate the milestone, Maruti Suzuki has launched a new television campaign titled 'Driven by Tech', which highlights the SUV's appeal as a technology-forward vehicle. The campaign features a narrative of two friends — a tech entrepreneur and a fearless businesswoman — navigating diverse terrains, from city streets to rugged landscapes, showcasing the versatility of the Grand Vitara's strong hybrid and ALLGRIP SELECT 4×4 capabilities.
Partho Banerjee, Senior Executive Officer of Marketing and Sales at Maruti Suzuki India, expressed gratitude to customers, stating, *'We thank our 3 lakh strong Grand Vitara family for their trust. Achieving this landmark in such a short span sets a new benchmark in the mid-SUV segment. The Grand Vitara is designed to meet the aspirations of progressive Indian buyers who value style, technology, and performance.'*
The 2025 Grand Vitara update also brings new options, including panoramic sunroofs across additional Zeta and Alpha variants. Notable features include a 9-inch Smart Play Pro+ infotainment system, ventilated seats, wireless charging, Clarion® premium sound system, and a 360° view camera.
Safety remains a priority, with all variants equipped with six airbags, ESP with Hill Hold Assist, ABS with EBD, front and rear disc brakes, ISOFIX child seat anchors, and three-point seatbelts for all passengers.
With its blend of innovation, design, and performance, the Grand Vitara continues to strengthen Maruti Suzuki's foothold in India's competitive SUV market.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
29 minutes ago
- Time of India
Startups raise funds but valuations shrink
This is an AI-generated image, used for representational purposes only BENGALURU: Over the past two years, an increasing number of Indian startups raised capital at significantly lower valuations, reflecting a sustained reset in the late-stage venture funding market. According to data from Tracxn, at least 55 companies across sectors like fintech, SaaS, and consumer internet experienced valuation declines since January 2023. Notable markdowns include Cred, which raised $75 million in May at a valuation of approximately $3.5 billion-down nearly 45% from its 2022 peak of $6.4 billion. Meesho secured $275 million last year at a $3.9 billion valuation, reduced from $4.9 billion previously. Oyo raised $175 million in 2023 at an implied valuation of about $2.5 billion, a steep drop from its earlier high near $10 billion. Swiggy also lowered its valuation targets while preparing for its IPO, raising $46 million in 2023. Beyond these well-known names, valuation markdowns affected a wide range of companies, including Flipkart, Pratilipi, Shiprocket, MobiKwik, GreyHR, Zolo, Lendingkart, Udaan, PayMate, Pepperfry, OfBusiness, Fisdom, and others. These adjustments spanned both primary and secondary transactions, with several companies recalibrating their private valuations in preparation for upcoming public listings. Venture investors point to a combination of inflated valuations during the 2021-2022 boom cycle and a subsequent recalibration of revenue multiples. "The fundamental problem is not with the companies themselves. Many of these companies continue to grow. The markdowns are largely a reset from highly inflated multiples that investors were willing to pay during 2021 and 2022," said Mohan Kumar, founder and managing partner at Avataar Venture Partners. He said that SaaS companies, which saw revenue multiples of 30-100 times during the peak funding period, largely reverted to historical norms. "For late-stage SaaS companies today, if you are growing at 30% and profitable, you may command around 10 times revenue. For others, the multiple is more in the 7-8 times range. The pandemic era was an aberration where free capital distorted pricing," Kumar added. In enterprise software, which saw some of the steepest pandemic-driven valuation spikes, multiple compression drove significant markdowns. Postman, for instance, saw secondary transactions at valuation levels 30-40% below its earlier $5.6 billion peak. Investors now broadly expect valuations to remain tied closely to profitability and revenue growth metrics. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
38 minutes ago
- Time of India
Nothing Phone (3) will be company's first-ever flagship to be manufactured in India
Nothing has confirmed that its upcoming flagship smartphone, the Phone (3), will be manufactured in India . The Phone (3) will be the company's first-ever flagship phone to be produced at Nothing's existing manufacturing facility in Chennai. This facility currently employs over 500 people, with 95% of the workforce being women. This decision is part of the London-based phone maker's strategy to boost its presence in the Indian market. The company wants to use India's position as a developing hub for manufacturing and technological innovation. This move also signifies a stronger focus on local production as Nothing expands its manufacturing capabilities in the producing key products locally, Nothing intends to enhance efficiency, reduce lead times, and respond more quickly to market demand. What Nothing said about making Phone (3) in India Commenting on the development, Akis Evangelidis , co-founder and India President of Nothing, said, 'India has been an important market for us ever since the very beginning of Nothing. Every one of our smartphones has been manufactured here — and Phone (3) proudly joins that list. As we accelerate our growth here, we're doubling down on our investment in local manufacturing , talent, and innovation — fully aligned with the Make in India vision. Phone (3) marks a major milestone: our first true flagship, delivering the very best of Nothing. We can't wait for our Indian users to experience it.' Apart from this, Nothing is also expanding its post-sales support in India. The company now runs five exclusive service centers in Bengaluru, Delhi, Mumbai, Hyderabad, and Chennai, plus 20 priority desks (with 10 more on the way) and over 330 authorized service centers nationwide. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo With these efforts, the company plans to improve customer experience and provide timely support across regions. Meanwhile, Nothing's retail footprint has grown from 2,000 stores at the start of last year to 10,000 at present, that can help the company to boost its postion in India's smartphone market.
NDTV
40 minutes ago
- NDTV
India's Auto Sector At Risk As China's Rare Earth Magnet Curbs Tighten: ICRA
New Delhi: Rare-earth magnet inventories are likely to 'taper off' by mid-July 2025 for the automobile industry, weighed down by the export restrictions from China and ensuing shipment delays, according to a release by rating agency ICRA. "With China tightening export controls and delaying shipment clearances, rare earth magnet inventories are projected to last only until mid-July 2025 for several, if not all, passenger vehicle and two-wheeler applications," Jitin Makkar, Senior Vice President and Group Head - Corporate Ratings, ICRA Limited. The Industry is looking for contingency options and alternative supply chains, but it is riddled with difficulties. "While the automobile industry is exploring a range of contingency options, each of these appears ridden with logistical, regulatory, and engineering complexities, exacerbating the prevailing uncertainty," the rating agency said. "India imported around USD 200 million worth of these magnets for both automotive and non-automotive applications, with approximately 85% of this sourced from China. While the trade value may appear modest, the strategic dependence it reflects is anything but the supply uncertainty has cast a shadow on production planning. The dependence on China for these specialised materials could upend the automobile sector, particularly the fast-growing electric vehicle segment, if the concern remains unresolved." Makkar added. In order to deal with this risk, India is exploring various options such as importing fully assembled motors from China, or shipping the rotors, on which the rare earth magnets are mounted, to China for magnet assembly and then re-importing the assembled rotors. Additionally, substituting rare earth magnets with alternatively engineered materials or introducing rare earth magnet-free motors could also be seen as alternative options. However, a Maruti Suzuki spokesperson on Thursday said, "Regarding the situation on rare earth, as of now, there is no disruption in our operation due to this issue. There is a lot of uncertainty and the situation is continuously evolving." Maruti Suzuki added, "We are monitoring the situation and pursuing multiple solutions to ensure continuity in our operations. If and when there is any material impact to our business, we will inform all stakeholders in line with regulatory requirements."
