Maruti Suzuki To Double Production – These Two Indian States To Benefit From Rs 45,000 Crore Investment

Maruti Suzuki is currently the largest car manufacturer in India with an annual production capacity of approximately 2.25 million units per annum. Now, the Indo-Japanese automaker is looking forward to doubling its production capacity in the country.

According to Maruti Suzuki, the company is planning to invest more than $5.5 billion (Rs 45,000 crore, approximately) to double its production capacity to 4 million vehicles per annum by the year 2030.

Diving into details, Maruti Suzuki is planning to commission 8 assembly lines in the 2 new manufacturing facilities with a production capacity of 2.5 lakh units per assembly line.

That being said, the construction of one of these upcoming manufacturing plants has already commenced at Kharkhoda, Haryana. While the other new manufacturing facility will be set up in Gujarat.

Thanks to such a large investment, both Gujarat, and Haryana will benefit from the economic boost and added jobs. Furthermore, such a massive investment will also aid local businesses and create opportunities for new businesses.

In addition to this, Maruti Suzuki is also planning to heavily invest in electric vehicles and launch a few more SUVs to further boost its sales in a bid to achieve its sales targets for the coming years.

Maruti Suzuki has also set some aggressive targets regarding the export of its vehicles by the end of this decade. In terms of numbers, Maruti Suzuki is aiming to export 7.5 lakh cars by 2030, which is almost three times what the company managed in the last fiscal.

Maruti Suzuki has set itself very aggressive targets for 2030, and we expect the company to more than fulfil these targets. In addition to that, both Gujarat and Haryana will benefit massively from Maruti Suzuki’s aggressive expansion plans.