Maruti Suzuki has initiated the process of setting up its largest manufacturing plant, but has cautioned that future investment will depend on the state of India’s auto sales which have been declining over the last four years.
Maruti started looking for a site to set up a new plant in 2018 as the automaker’s Gurugram factory—its oldest manufacturing unit—has had to cut production due to road congestion.
The company will invest over Rs 11,000 crore to set up the first unit spread across 800 acres at IMT Kharkhoda in Sonepat (Haryana). Maruti, which on an average sells one in every