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Maruti Suzuki to invest Rs 35,000 cr for setting up new factory in Gujarat

Japanese carmaker Suzuki Motor will invest Rs 35,000 crore to build a second car plant in Gujarat, company president Toshihiro Suzuki said at an investment summit in the state on Wednesday.

Maruti Suzuki to invest Rs 35,000 cr for setting up new factory in Gujarat
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Maruti Suzuki to invest Rs 35,000 cr for setting up new factory in Gujarat

Gandhinagar, Jan 10: Japanese carmaker Suzuki Motor will invest Rs 35,000 crore to build a second car plant in Gujarat, company president Toshihiro Suzuki said at an investment summit in the state on Wednesday.

“The new plant will produce one million units a year as a result of which the company’s annual production in Gujarat will become two million units,” Suzuki said.

The country’s largest carmaker at present 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 at Sonipat in Haryana, on the outskirts of Delhi, with an investment of Rs 11,000 crore to expand production.

IANS
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