Suzuki Investing Huge Money In Gujarat Plant; Here Are The Details

Maruti Suzuki’s Haryana plant produces around 1.5 million units and the expansion meant, a whopping 3 million units is targetted every year in India

Maruti Suzuki’s parental group is planning to investment more than Rs. 9,000 crore in its Gujarat domestic facility according to a recent report emerged on the internet. It will help the brand in doubling its annual production capacity of 1.5 million units. This comes right on the back of Suzuki and Toyota partnering for mutual benefits as certain lot of some of their popular cars will be shared between them from next year.

Suzuki Motor Corporation knows the importance of MSIL for its global sales growth and is calculatedly pumping in money to grab increased hold market share that currently stands at well over 50 percent. The new investment in Gujarat will elevate Suzuki’s total sum in India to as much as Rs. 30,000 crore.

The speculated money of Rs. 9,000 crore will be used to build three assembly lines with total capacity of 7,50,000 per annum, purchase land, construct engine manufacturing unit, etc. Moreover, the money will also help in establishing a fully-fledged R&D facility in Rohtak, Haryana for Li-ion battery plant in co-operation with Denso and Toshiba.

Just an in America, Suzuki could soon pull out of Chinese market leaving India as its primary focal sales point. Maruti Suzuki’s Haryana plant produces around 1.5 million units and the expansion meant, a whopping 3 million units is targetted every year in India.

Suzuki-Vitara-facelift-revealed

Suzuki’s investment in India is different from the Rs. 5,000 crore MSIL spends on capital expenditure and other necessary activities each year. The new investment will be upon the base in Ahmedabad district reportedly and about 2,50,000 units will be added to the capacity in Gujarat over the next few months before reaching the target of 7,50,000 in less than two years.

The state of Gujarat is all set to be the biggest hub for Suzuki in investment and capacity, giving direct employment to at least 4,000 people and creating overall employment for 25,000-30,000 people in the near future. The Delhi-Mumbai Industrial Corridor project is between India and Japan, and it enables township and industrial park for Japanese employees as well.