Maruti Suzuki's Biggest Investment In Haryana, Over Rs 20,000 Cr To Be Spent On New Manufacturing Plant

Maruti first started its production facility in 1983 in Gurugram while expanding its presence over the years.

Maruti's new plant in Haryana will manufacture current cars and also petrol/CNG cars within the company portfolio.

Source : Somnath Chatterjee

New Delhi: Maruti Suzuki, in a bid to expand capacity, will set up a new manufacturing plant in Haryana and the new plant would be its third in the state. This is also Maruti Udyog's biggest investment in Haryana with plans to invest over Rs. 20,000 crore. With the agreement being signed, 900 acres of land in Kharkhoda has been transferred to Maruti. It would be used for the plants of Maruti Suzuki India Limited (MSIL) and Suzuki Motorcycle India Private Limited to be set up at Industrial Model Township (IMT) at Kharkhoda in Sonipat.

In total, around 13,000 people would get employment opportunities while an amount of Rs. 2400 crore has been spent to purchase the land for the said plant and more than Rs. 20,000 crore is to be invested.

The plant will have a capacity of 2.5 lakh cars per annum while it would be commissioned within 2025. RC Bhargava, Chairman, Maruti Suzuki India said that the production capacity would reach its peak level in 8 years with the production of 10 lakh units per annum.

Maruti first started its production facility in 1983 in Gurugram while expanding its presence over the years. The new plant will manufacture current cars and also petrol/CNG cars within the Maruti portfolio while its Gujarat facility will make EVs and batteries from 2025 with Suzuki Motor Corporation having signed an MOU with the Gujarat government for EV and battery manufacturing.

The car-maker has increased its new product launches with the launch of the new Baleno, Ertiga, XL6, and new Wagon R with further new launches like the new generation Vitara Brezza subcompact SUV coming soon.