Maruti Suzuki Plans Capacity Expansion with ₹10,189 Crore Investment.

Maruti Suzuki India (MSIL) recently announced that its board has approved an investment of ₹10,189 crore to set up the first phase of a new manufacturing facility at Khoraj Industrial Estate in Gujarat, with an annual production capacity of 2.5 lakh vehicles.

In a regulatory filing, the company said the investment will cover the establishment of the initial car manufacturing plant along with common infrastructure and facilities to support future expansion at the site. The first phase of the plant, with a capacity of 2,50,000 vehicles per annum, is expected to be operational by 2029, subject to market conditions.

The move follows the board’s earlier approval on January 12 to acquire land at Khoraj Industrial Estate from the Gujarat Industrial Development Corporation. Building on that decision, the board at its latest meeting has now cleared the addition of the first phase of manufacturing capacity at the location.