Maruti Suzuki India Limited (MSIL) will invest over Rs 50,000 crore by 2030-31, including Rs 45,000 crore towards doubling its capacity to 4 million vehicles per annum, said R C Bhargava, chairman of the country’s largest carmaker.
Investments will also be made towards the supply chain, and the expansion of export infrastructure (Maruti plans to export 750,000 vehicles by FY31, up from 250,000 currently), and also of the marketing and sales teams, besides supporting vendors. The first unit of the new one million-unit facility in Haryana’s Kharkhoda will kick off production in early 2025. It will have an annual capacity of