HDFC Bank Reports 11.5% Profit Growth; Maruti Suzuki Announces ₹35,000 Crore Investment in Gujarat

On January 18, 2026, HDFC Bank announced a remarkable 11.5% increase in net profit for Q3 FY26, reaching ₹18,654 Crore. Meanwhile, Maruti Suzuki revealed plans for a ₹35,000 Crore investment in Gujarat, establishing a new plant in Khoraj. These developments are seen as positive indicators for the Indian economy, with HDFC Bank showcasing stability in the banking sector and Maruti Suzuki expanding its production capacity. The news also highlights job creation and growth potential in the automotive industry, making it a significant day for investors and stakeholders alike.

By Narendra Chaudhary Jan 18, 2026, 11:24 IST

Key Economic Developments in India

On January 18, 2026, two significant updates regarding the Indian economy and market emerged. HDFC Bank, the largest private sector bank in the country, released impressive results for Q3 FY26 (October-December 2025), while Maruti Suzuki announced a major investment in Gujarat. Both developments signal positive trends for investors and the industry.

HDFC Bank's Q3 FY26 Results: Net Profit Rises by 11.5% to ₹18,654 Crore

HDFC Bank reported a robust annual growth of 11.5% in standalone net profit.

Q3 FY26 Net Profit: ₹18,654 Crore (up from ₹16,736 Crore last year)
Net Interest Income (NII): Increased by 6.4% to ₹32,615-32,620 Crore
Improved Asset Quality: Gross NPA decreased by 18 basis points (remained stable/better)
Loan growth remained in double digits, with deposit growth at 12.2% YoY
Capital Adequacy Ratio (CAR): 19.9% (comfortable level)

The bank emphasized improvements in asset quality and a strong liability franchise. Additionally, Executive Director Bhavesh Jewari announced his retirement in April 2026, seeking opportunities outside the banking sector. Following the results, HDFC Bank's shares saw a slight uptick, although the market remained mixed. This outcome is seen as positive for the banking sector, showcasing HDFC's stability despite earnings pressure.

Maruti Suzuki's ₹35,000 Crore Mega Investment: New Plant in Khoraj, Gujarat

Maruti Suzuki India Limited (MSIL), the country's largest car manufacturer, has signed an agreement with the Gujarat government for a ₹35,000 Crore investment.

Plant Location: Khoraj (Gandhinagar district), with 1,750 acres allocated by the Gujarat Industrial Development Corporation (GIDC)
Annual Production Capacity: 1 million vehicles (4 units, each 250,000)
Job Creation: Directly over 12,000 jobs, potentially up to 750,000 indirectly
Production Start: Expected from FY2029
This will be Maruti's second major plant in Gujarat (the first in Hansalpur, where capacity is being increased to 1 million)

Gujarat Chief Minister Bhupendra Patel shared a photo of the investment letter handover, describing it as a significant step towards 'Make in India, Made for the World.' This investment will increase Maruti's total capacity to 4 million units annually, supporting both domestic demand and exports.

Today's Highlights (January 18, 2026)

The stock market will remain closed on Sunday due to the holiday.
No changes in petrol and diesel prices.