Maruti Suzuki has signed an MoU with the State of Gujarat, through which the car maker is not just investing Rs 35,000 crore for setting up a new plant in Gujarat, but it is also looking to ramp up the production capacity of all its other plants as well. Maruti Suzuki will be investing Rs 35,000 crore for the upcoming new plant in Gujarat, with further details such as the models to be produced and the location to be shared later.
Maruti Suzuki will also be investing Rs 3,200 crore into its subsidiary, Suzuki Motor Gujarat, to add a fourth production line specifically for the development and production of electric vehicles. The fourth line is expected to commence operations by 2027. With the completion of the fourth line, annual production capacity of Suzuki Motor Gujarat will increase from 750,000 units to 1 million units. Combined with the new plant in Gujarat, the total annual production capacity in the State of Gujarat will be 2 million units.
Keeping future expansion in mind, Maruti Suzuki is also setting up a new plant in Kharkhoda, Haryana, which should be operational by 2025 according to the car maker. This makes it Maruti Suzuki’s third plant in the state of Haryana, the other two being in Gurugram and Manesar. The car maker wants to secure a production capacity of 4 million units by 2031, which it claims will be achieved with the upcoming three plants.
For now, we can expect the next-generation Maruti Suzuki Swift to make its India debut sometime this year, followed by the new Dzire. Follow our social media handles, and subscribe now so that you don’t miss our upcoming anniversary issue!