Maruti Suzuki will take two-and-a-half to three years to set up its first unit in a new factory location in Haryana from the day it acquires the land, with a capacity to manufacture 250,000 cars per annum. The investment for the first unit would be to the tune of Rs 5,000-Rs 7,000 crore.
The country’s largest car maker is planning to add a new unit (of 250,000 per annum) after every two years and is looking at a final capacity ranging from 750,000 per annum to 1 million at the end, depending on demand growth projections.
It hopes to complete the process