Global Automakers Increase Production and Sales Focus on India Amid Slowing Markets

Global automakers including Suzuki, Hyundai, Renault, and Volkswagen are increasing their focus on India amid slowing sales elsewhere and geopolitical uncertainties. Suzuki raised its production forecast to 3.52 million units for the fiscal year, driven by strong demand in India following GST rate cuts and supportive economic policies. Hyundai anticipates its fastest sales growth in India by 2026. India, now the world's third-largest auto market, serves as both a key sales region and manufacturing hub for exports, with companies expanding production capacity and operating overtime to meet demand.