Maruti Suzuki Plans to Expand NEXA Studio Outlets to 700 by 2030-31

Maruti Suzuki India plans to expand its NEXA Studio network, a compact premium retail format, to 600-700 outlets by 2030-31, targeting growth in non-urban areas. Currently, NEXA Studios contribute 8-10% of NEXA channel sales, expected to rise to 25-30% by 2030-31. The company recently opened its 200th outlet and aims to maintain strong demand for its electric SUV, e-Vitara, while managing production capacity and customer wait times.