How much is Maruti Suzuki investing in its new Gujarat plant?

Maruti Suzuki is investing Rs 10,189 crore for the first assembly line at its new manufacturing facility in Gujarat.

When will the first phase of the Gujarat plant be operational?

The first phase of the plant, with a capacity of 250,000 vehicles, is expected to be commissioned by 2029.

How will Maruti Suzuki fund this new Gujarat facility?

The investment for the new plant in Gujarat will be made through Maruti Suzuki's internal accruals.

Home / Business and Economy / Maruti Suzuki Invests Big in Gujarat Auto Plant

Maruti Suzuki Invests Big in Gujarat Auto Plant

24 Mar

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Summary

Maruti Suzuki will invest Rs 10,189 crore for a new manufacturing facility.
The first phase aims for 250,000 vehicle capacity by 2029.
Investment will be funded through internal company accruals.

Maruti Suzuki Invests Big in Gujarat Auto Plant

Maruti Suzuki, the nation's leading car manufacturer, has committed an investment of Rs 10,189 crore to establish a new manufacturing facility in Gujarat. This significant capital infusion will fund the first assembly line at their fifth production site located in the Khoraj Industrial Estate.

The initial phase of this plant is anticipated to commence operations by 2029, provided market conditions are favorable. This phase is designed with an annual production capacity of 250,000 vehicles. The investment also covers common infrastructure intended for future expansion phases.

This new capital expenditure is in addition to the Rs 4,960 crore already earmarked by Maruti Suzuki for land acquisition at the same industrial estate. The company currently possesses the capability to manufacture 2.4 million vehicles per year.

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