Maruti Suzuki India (MSIL) is set to diversify far beyond its traditional automobile business, following board approval for changes to its Memorandum of Association (MoA).
The updated Object Clause, to be placed before shareholders at the 28 August, 2025 AGM, broadens the company’s operational scope to include manufacturing of drones, unmanned aerial vehicles (UAVs), and unmanned aircraft systems (UAS). The revisions empower MSIL to explore next-generation propulsion and control technologies, as well as mobility services such as vehicle leasing, subscriptions, shared mobility, and used car sales.
The company also plans to develop EV charging infrastructure, trade in hydrogen and biogas, monetize carbon credits, and undertake end-of-life vehicle recycling. Additionally, MSIL aims to expand into consulting, research and development, logistics, and supply chain management, while providing vehicle testing and certification services.
With this MoA expansion, Maruti Suzuki positions itself as a multi-domain mobility and technology company, aiming to capture opportunities in emerging mobility sectors beyond conventional car manufacturing.