Maruti Suzuki India Limited has announced a strategic partnership with Indian Oil Corporation Limited (IOCL) to expand its nationwide service reach through the establishment of vehicle service facilities at IOCL fuel retail outlets. The Memorandum of Understanding was signed on January 12, 2026, marking a significant collaboration between India's leading automotive manufacturer and the country's premier energy company.

Partnership Details and Service Offerings

The collaboration will enable customers to access routine maintenance, minor repairs, and major services at IOCL fuel retail outlets across the country. This initiative represents a strategic move to integrate automotive services with fuel retail infrastructure, making car care more accessible and convenient for customers.

Expanding Service Network Infrastructure

The partnership will further strengthen Maruti Suzuki's existing service infrastructure, which currently spans over 5,780 service touchpoints across 2,882 cities in India. By leveraging IOCL's extensive network of over 41,000 fuel stations across the country, the collaboration aims to bring essential automotive services closer to customers at locations they frequently visit.

Leadership Perspectives on Strategic Alliance

Mr. Ram Suresh Akella, Executive Officer (Service) at Maruti Suzuki India Limited, emphasized the company's commitment to making car servicing as convenient as possible for customers. He highlighted that partnering with Indian Oil Corporation Limited, one of India's most trusted Maharatna enterprises, will leverage their unmatched reach to deliver superior customer care experiences. The collaboration represents a significant step in bringing the mobility and energy sectors together.

Mr. Saumitra P. Srivastava, Director (Marketing) at Indian Oil Corporation Limited, stated that the partnership aligns with IOCL's commitment to enhancing customer experience at fuel stations through value-added services. He noted that IOCL's unique positioning with its extensive network enables the company to bring essential services closer to consumers by integrating world-class automotive maintenance with energy offerings.

Implementation and Customer Benefits

The MoU was signed by Mr. Ram Suresh Akella, Executive Officer (Service) from Maruti Suzuki, and Mr. Atanu Mandal, Executive Director (Retail Transformation) from IOCL, in the presence of Mr. Saumitra P. Srivastava, Director (Marketing) from IOCL. The initiative is designed to enhance accessibility, deliver convenience, and ensure peace of mind in the car ownership journey for customers.

Key benefits of this partnership include:

• Enhanced accessibility to automotive services at convenient fuel retail locations
• Integration of vehicle maintenance with routine fuel stops
• Expanded service network coverage across India
• Streamlined customer experience combining energy and mobility services

The services offered at each touchpoint may vary, and customers are advised to contact the respective service touchpoint in advance to confirm available services. This collaboration represents a strategic alignment between two industry leaders to deliver comprehensive customer solutions in the automotive and energy sectors.

Maruti Suzuki India Ltd. announced a significant capacity expansion plan on Monday, with its board approving land acquisition worth ₹4,960 crore in Gujarat. The automaker's shares traded 1% lower following the announcement, despite strong annual performance gains.

Board Approval for Gujarat Land Acquisition

The company's board has given approval to acquire land for production capacity expansion at Khoraj Industrial Estate from Gujarat Industrial Development Corporation. The decision comes as Maruti Suzuki's existing manufacturing capacity is fully utilised across all operational facilities.

Current Production Capacity Overview

Maruti Suzuki operates with substantial manufacturing capabilities across multiple locations. The company's total existing capacity stands at around 24 lakh units per annum, distributed across facilities in Gurugram, Manesar, Kharkhoda and Hansalpur.

The enhanced production capability of 26 lakh units per annum includes units produced at Suzuki Motor Gujarat Pvt Ltd., which has been amalgamated with the company.

Expansion Strategy and Investment Details

The proposed capacity expansion of up to 1 million units reflects the company's response to growing market demand, including export requirements. The board will finalise and approve the specific capacity installation while framing the phases of implementation.

The ₹4,960 crore investment covers:

• Land acquisition costs
• Development activities
• Preparatory infrastructure work

Market Performance and Stock Movement

Shares of Maruti Suzuki India Ltd. were trading 1% lower at ₹16,345 apiece around 11 am on Monday following the expansion announcement. Despite the day's decline, the stock has demonstrated strong annual performance with gains of 42% over the past year, reflecting investor confidence in the company's growth trajectory.