Maruti Suzuki to set up new facility in Haryana

Firm to invest ₹11,000 crore in phase I

May 13, 2022 09:11 pm | Updated 10:35 pm IST - GURUGRAM

Photo used for representational purpose only.

Photo used for representational purpose only. | Photo Credit: Reuters

The country’s largest carmaker Maruti Suzuki India (MSI) on Friday said it will invest ₹11,000 crore in the first phase of its new manufacturing facility in Haryana.

The process for allotment of land to Maruti Suzuki by the Haryana State Industrial and Infrastructure Development Corporation Ltd. in Sonipat was completed on Friday.

Spread across 800 acres, the upcoming site at Industrial Model Township Kharkhoda would be the largest single site for the company, said Rahul Bharti, Executive Director, Corporate Affairs, Maruti Suzuki.

The first plant, with a manufacturing capacity of 2,50,000 vehicles per annum, is expected to be commissioned before 2025 subject to administrative approvals, according to a press statement issued by the company. The site will have space for three more manufacturing plants in the future.

The site will have a total manufacturing capacity of 1 million vehicles when completed.

Maruti Suzuki had been in discussion with the Haryana Government for long in connection with the new manufacturing site for its proposed capacity expansion.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.