Maruti Suzuki Developing New Y43 Micro-SUV to Challenge Tata Punch and Hyundai Exter

Maruti Suzuki, India's largest car manufacturer, is reportedly preparing to enter the growing micro-SUV segment with a new model codenamed Y43. The upcoming vehicle is being developed to compete with popular models such as the Tata Punch and Hyundai Exter. The Tata Punch, which was launched in October 2021, has reportedly crossed eight lakh unit sales. Maruti Suzuki is planning to introduce its new micro-SUV in the Indian market by 2027. The model is expected to fill the space left by the Ignis, whose production was discontinued in early 2026.

The Y43 is said to draw inspiration from Japan's Kei-car design philosophy, featuring a boxy appearance and a flat bonnet. It is expected to offer 190 mm of ground clearance and 16-inch alloy wheels. Planned cabin features reportedly include a sunroof, ventilated front seats, wireless charging, high-output Type-C USB ports, cruise control and automatic climate control. Safety equipment is expected to include six airbags, a 360-degree camera and LED fog lamps. The vehicle is likely to use a 1.2-litre Z12E three-cylinder engine, with petrol and CNG options. A five-speed manual and AMT gearbox are also expected. Maruti Suzuki is reportedly considering a series-hybrid version for the future. However, the final specifications and pricing are yet to be officially announced.