The Economic Times

Maruti Suzuki bets big on alternative fuel with Rs 561 crore CBG push; flags rising input cost pressures

Maruti Suzuki is investing Rs 561 crore in four compressed biogas manufacturing projects. This move supports India's transition to cleaner mobility and reduces fuel imports. The company's first-quarter profitability declined due to higher raw material costs. Despite this, vehicle sales increased significantly, aided by a new manufacturing plant. Maruti Suzuki's net sales rose, but net profit saw a decline.