Home / Business and Economy / Maruti Suzuki to Invest ₹35,000 Cr in Gujarat Mega Plant
Maruti Suzuki to Invest ₹35,000 Cr in Gujarat Mega Plant
17 Jan
Summary
- Maruti Suzuki plans ₹35,000 crore investment for a new Gujarat plant.
- The facility aims for 10 lakh car annual production capacity.
- Project expected to create around 12,000 jobs in Khoraj.
Maruti Suzuki India Limited has announced a substantial investment of ₹35,000 crore for a new manufacturing plant in Khoraj, Gujarat. This ambitious project aims to achieve an annual production capacity of 10 lakh cars and is expected to generate around 12,000 jobs, boosting the region's economy.
The company has secured 1,750 acres from the Gujarat Industrial Development Corporation (GIDC) for the facility. This significant investment highlights Gujarat's robust industrial ecosystem and policy-driven governance, further solidifying its status as a leading automotive destination in India.
This expansion is part of Maruti Suzuki's broader strategy to increase its total manufacturing capacity to 4 million units per annum, meeting rising domestic demand and strengthening its presence in international markets.
