The car maker has been hit by a series of strikes in recent months.
Maruti Suzuki, a joint venture partner of Japan's Suzuki Motor Corporation, has 50% of India's booming car market.
Reports said the company had agreed to reinstate 64 sacked permanent workers and 1,200 casual workers at its factory in Manesar.
However, 30 workers shall "remain suspended", reports said.
It is not clear whether the management and the workers had come to an agreement over the formation of a new union, a key demand of the strikers. The company already has one recognised workers union.
A number of strikes have hit production at the factory since June, when the workers went on a 13-day strike demanding the recognition of a new union.
Production was again hit in September during a 33-day-long standoff between the workers and management.
Maruti Suzuki has two factories in India and plans to spend more than $1bn (£620m) over the next three years to boost capacity in a market where vehicle sales grew by a record 30% last year.
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