Maruti Suzuki to invest Rs 10,189 crore for new Gujarat plant, 2.5 lakh unit capacity

Maruti Suzuki is investing Rs 10,189 crore in its Gujarat plant. This will add 2.5 lakh vehicle production capacity annually. The new facility is expected to be ready by 2029. Existing plants are already running at full capacity. This expansion ai...

Maruti Suzuki on Tuesday approved the first phase of capacity addition at its upcoming facility in Gujarat, with an investment of Rs 10,189 crore to expand production amid rising demand.

The company’s board cleared the addition of 2.5 lakh vehicles per annum at the Khoraj Industrial Estate, where it had earlier approved land acquisition from the Gujarat Industrial Development Corporation.

Also Read: Rs 1.32 lakh crore shock! Maruti Suzuki shares tumble 25% YTD, worst among peers! Overdone or more pain?


The new capacity is expected to be commissioned by 2029, subject to market conditions, and will be funded through internal accruals, the company said in a filing.

Maruti Suzuki said its existing capacity—spread across Gurugram, Manesar, Kharkhoda and Hansalpur—is currently fully utilised, with an installed capability of around 26 lakh units annually.

Also Read: Maruti Suzuki steps up SUV bet with higher market share, eyes more launches in next 5 yrs
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The investment will go towards setting up the manufacturing facility as well as common infrastructure for future expansion at the site, as the automaker looks to cater to growing domestic and export demand.
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