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Maruti Suzuki announces Rs 35,000 crore new Gujarat manufacturing facility
AutoPunditz··2 Jul
Maruti Suzuki India Limited announced plans to establish a new automobile manufacturing facility near its Gujarat operations with an investment of approximately Rs 35,000 crore. The announcement came during the Japanese Prime Minister's visit to India alongside Prime Minister Narendra Modi. The plant is expected to become one of Maruti Suzuki's largest manufacturing hubs and expand production capacity.
Prism
What It Means For You
- Expanded Maruti capacity may increase SUV and EV model availability in India.
- Gujarat and supplier hubs could see new manufacturing and logistics jobs.
- India-Japan industrial ties may bring more automotive investments over time.
What's Happening
- Maruti Suzuki announced a Rs 35,000 crore Gujarat plant on July 2.
- The facility will sit near existing Gujarat operations.
- The announcement coincided with the Japanese PM's India visit.
Industry Context
- Kharkhoda in Haryana is expanding toward one million annual units.
- India is Suzuki's largest global production and sales market.
- The investment supports Make in India manufacturing goals.
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