Maruti to invest ₹10,189 crore in capacity expansion

The committee of Maruti Suzuki India Ltd. connected Tuesday approved summation of archetypal signifier of capableness of 2,50,000 conveyance per annum astatine Khoraj Industrial Estate successful Gujurat involving an concern of ₹10,189 crore which volition beryllium met done interior accruals.

The further capableness volition conscionable request growth, including exports.

“This includes concern for the archetypal signifier of car manufacturing works having an yearly manufacturing capableness of 2,50,000 units and immoderate communal infrastructure and facilities for aboriginal plants,” the institution said successful a filing with banal exchanges.

“This archetypal signifier of capableness of 2,50,000 vehicles per annum is expected to beryllium added by 2029 taxable to marketplace conditions,” it said.

The company’s full existing capableness is astir 24 lakh units per annum successful Gurugram, Manesar, Kharkhoda and Hansalpur, with a capableness to nutrient 26 lakh units per annum.

This includes the units produced astatine erstwhile Suzuki Motor Gujarat Private Limited which has been amalgamated with the Company. The existing capableness is afloat utilized.