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R. Bhargava

Chairman, Maruti Suzuki India

Search every verified R. Bhargava interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a July 2026 interview with ET SupplyChain, R. Bhargava discussed India's manufacturing ambitions and the challenges of building a competitive supply chain. He stated that car makers are "more assemblers than manufacturers," noting that about 75% of Maruti's components by value are bought out, and argued that a country's manufacturing strength depends on its supplier ecosystem. Bhargava also identified battery technology as a major obstacle to electric vehicle localization, saying the technology is "largely held by the Chinese" and that "they don't part with the technology just like that." Bhargava highlighted the opportunity for India to increase its share of global auto component trade from roughly 2% to 10-15%, which he said could raise export volumes from over $20 billion to $100-200 billion. He attributed this potential to the growth targets set by Prime Minister Modi for 2047.

Selected quotes

Recent appearances

  • RC Bhargava Reveals What India Must Fix to Become a Manufacturing Superpower

    Can India become the world’s next manufacturing powerhouse? In this episode of Movers and Makers, ET SupplyChain’s Dimpal Bajwa sits down with RC Bhargava, Chairman of Maruti Suzuki, to discuss the foundation of India’s manufacturing success. Drawing from nearly four decades of building Maruti’s supplier ecosystem, Bhargava explains: Why OEMs are assemblers and suppliers determine competitiveness Why transactional supplier relationships don’t work How Maruti built India’s auto component ecosystem from scratch The biggest challenge in EV localisation—battery technology Why India must strengt…

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  • Maruti Suzuki Ready For CAFE 3 Norms, Growth Limited By Capacity: Bhargava

    With plants running at 100% capacity, R. C. Bhargava says growth at Maruti Suzuki is currently production-led, not ...

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  • How Maruti Became India’s Largest Car Company | EP 10 | Janak ft. R.C. Bhargava

    How did Indian manufacturing move from License Raj inefficiency to global quality standards? This episode reveals the inside story of how leadership, discipline, and Japanese manufacturing philosophy transformed Indian industry. In this episode of The Janak Show, R.C. Bhargava, Chairman of Maruti Suzuki and one of the architects of India’s automotive revolution, shares the remarkable journey of how Maruti helped reshape India’s industrial mindset. In conversation with Janak Mehta, this discussion explores the origins of India’s quality movement, the influence of Japanese manufacturing philo…

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  • Maruti Suzuki Chairman: India's Car Revolution Started With A Mother's Grief | R.C. Bhargava

    R.C. Bhargava — Chairman of Maruti Suzuki — shares the inside story of how Maruti Suzuki was built when almost nobody believed it would succeed. In this episode of The Secret Sauce Podcast, Bhargava reveals how Maruti Suzuki transformed the Indian automobile industry, why most foreign companies refused to invest in India, and how Suzuki saw India's future before anyone else did. From the Maruti 800 history to the political battles, Japanese manufacturing discipline, and supply chain thinking that made Maruti Suzuki India's most trusted car brand — this is the Maruti Suzuki story in full. R.C.…

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  • OEMs To Rework Product Mix As Small Car Sales Rise: R.C. Bhargava

    Maruti Suzuki Chairman R.C. Bhargava told Business Today's Chetan Bhutani that the recent GST rate cut on small cars from 28% ...

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  • Entry Level Cars Like Alto To Get Cheaper By 8-9% | Maruti Chairman RC Bhargava

    The council’s decision will help create demand for cars with over 1200 cc engines and length of more than 4 metres as the so-called sin rate has been reduced to 40 per cent and a cess has been withdrawn. The two factors resulted in 50 per cent tax on some cars. “With the latest GST reduction we project that the small car market which was degrowing will now grow this year by over 10 per cent,” said Bhargava. #GSTReform #AutoSectorBoost #SmallCarMarket #TaxRelief #LuxuryCarsIndia #BhargavaOnGST #AutomobileDemand #SinTaxCut #CarMarketRecovery #GSTUpdate #IndianAutoSector #VehicleSales #CarTaxCu…

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  • GST Cheer For Autos: Expect 10% Growth For Car Industry Compared To Single-Digit Growth: RC Bhargava

    GST Bonanza CNBC-TV18 Exclusive | RC Bhargava, Chairman, Maruti Suzuki To CNBC-TV18. Expect prices of entry-level cars like Alto to come down by 8.5-9% Expect 10% growth for the car industry Small car market will continue to grow along with SUV #gstratecuts #gstcouncilmeeting #2025gstcouncilmeeting #2025gstratecuts #gsteforms #gstrejig #nirmalasitharaman #gstrationalisation #gstbonanza #gsttaxstructure #electricvehicles #EVs #twowheelers #3wheelers #hybridcars #smallcars #electricvehicles #autosector #autostocksrally #marutisuzuki #marutisuzukisales #2026marutisuzukioutlook #cnbctv18 #cnb…

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  • Can India become the world’s manufacturing hub? | R.C. Bhargava & Satyashri Mohanty | EP 2

    What will it take for India to rival the world in manufacturing? R.C. Bhargava (Chairman, Maruti Suzuki) and Satyashri Mohanty (Vector Consulting Group) reveal why empowering workers as knowledge assets could be the game-changer in India’s manufacturing story.

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  • Maruti Suzuki Chairman RC Bhargava reveals the key to managing workers in manufacturing

    For India to become a developed nation by 2047, it must accelerate the growth of its manufacturing sector—a key driver of that transformation. While government policies and initiatives play a crucial role, the bigger question is: what must manufacturing companies do themselves to boost productivity? In this video, R.C. Bhargava, Chairman of Maruti Suzuki and author of ‘Impossible to Possible’, speaks with Satyashri Mohanty, Founding Partner – Vector Consulting Group, about the remarkable journey of Maruti Suzuki’s rise as a manufacturing powerhouse—and what set it apart from the rest.

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  • Maruti Suzuki Q4 Earnings Update: R.C. Bhargava | Maruti Suzuki Management | Nifty Auto | CNBC Bajar

    Maruti Suzuki Q4 Earnings Update : R.C. Bhargava | Maruti Suzuki Management | Maruti Suzuki Shares #marutisuzukishare #Marutisuzukistocks #Niftyauto #autostocks #Earningsseason #q4results #Q4withbajar #stockmarketindia #stocktrading #stockmarketforbeginners #stockmarketnews #stockstobuy #stockstowatch #stocksfortomorrow #stockstobuynow CNBC Bajar is India’s First Business Channel In Gujarati Language. The leader of Business News and Information for the last Nine years. Our channel aims to Educate, Inform and Inspire Investor, Consumers to go beyond limitations, with practical tips on Inv…

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