Maruti Suzuki’s ₹4,960 Cr Manufacturing Expansion In Gujarat
Maruti Suzuki has announced a major capacity expansion in Gujarat to address rising demand and production constraints. The company’s board has approved the acquisition of land at the Poraj Industrial Estate from GIDC, marking Maruti’s second manufacturing facility in the state after Hansalpur. The expansion will be executed in phases and is expected to enhance the automaker’s annual production capacity significantly, with an investment of nearly ₹4,960 crore towards land acquisition, development, and preparatory activities. The company plans to fund the project through internal accruals, with a strong focus on domestic demand, exports, and electric vehicles.
Maruti Suzuki has announced a major capacity expansion in Gujarat to address rising demand and production constraints. The company’s board has approved the acquisition of land at the Poraj Industrial Estate from GIDC, marking Maruti’s second manufacturing facility in the state after Hansalpur. The expansion will be executed in phases and is expected to enhance the automaker’s annual production capacity significantly, with an investment of nearly ₹4,960 crore towards land acquisition, development, and preparatory activities. The company plans to fund the project through internal accruals, with a strong focus on domestic demand, exports, and electric vehicles.
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