The country's top carmaker Maruti Suzuki is to invest Rs 4,000 crore to set up a new manufacturing facility in Gujarat, raising its total capacity to two million units by 2015-16.
The company has signed an agreement with the government of Gujarat to buy land to set up a new manufacturing facility, it said in a statement on Saturday.
Maruti Suzuki estimates it will generate employment for more than 2,000 people.
Maruti, 54.2% owned by Japan's Suzuki Motor Corp. on Friday, reported a 5% fall in its monthly vehicles sales in May.
