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Maruti Suzuki will invest Rs 35 thousand crores to set up a new factory in Gujarat.
Gandhinagar. Japanese car manufacturer Suzuki Motor will invest Rs 35 thousand crore to build a second car plant with Maruti in Gujarat. Company President Toshihiro Suzuki gave this information at an investment summit in the state on Wednesday. “The new plant will produce 10 lakh units per annum, taking the company’s annual production in Gujarat to 20 lakh units,” Suzuki said.
Maruti Suzuki, the country’s largest carmaker, currently has a total production capacity of around 22 lakh units per annum across its two manufacturing plants in Haryana and Gujarat. The company is also setting up a new manufacturing plant in Sonipat, Haryana on the outskirts of Delhi with an investment of Rs 11 thousand crore to increase production.