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Maruti Suzuki plans to expand its Gujarat plant with a $550 million investment to boost production by 1 million vehicles annually.
Maruti Suzuki’s board has approved acquiring land in Gujarat’s Khoraj Industrial Estate for a plant expansion, investing 49.6 billion rupees ($550 million) to boost annual production capacity by up to 1 million vehicles.
The move aims to meet rising domestic demand and support export growth, with financing from internal funds and external borrowing.
The project, pending no further details on timeline or location specifics, marks a key step in Maruti Suzuki’s long-term manufacturing strategy.
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Maruti Suzuki planea expandir su planta de Gujarat con una inversión de $ 550 millones para aumentar la producción en 1 millón de vehículos por año.