Announced Thu, 2 Jul · 17:44 IST
Kharkhoda plant inaugurated, to scale to 1 million units with 35000 crore investment
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MARUTI · price
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AI summary
Maruti Suzuki's new Kharkhoda manufacturing facility in Haryana was inaugurated by PM Modi and Japan's PM via video conferencing. Spread over 800 acres, it currently has 0.5 million units capacity, scaling to 1 million units with INR 35,000 crore total investment. Will create over 21,000 jobs. Fully powered by renewable energy, built on Suzuki Smart Factory concept with Industry 5.0. Part of the company's 4 million units annual production ambition.
Likely market impact
Major capacity expansion doubles Kharkhoda output to 1 million units, supporting long-term growth and export ambitions.