Scheduled for launch in FY2028-29, Maruti Suzuki’s new greenfield plant in Gujarat aims to catapult annual production to 1 million (10 lakh) units. A transformative endeavour that necessitates a significant MSIL Gujarat plant investment of 350 billion Rupees (Rs 35,000 crores). This excludes land acquisition costs. The project aligns seamlessly with the company’s broader ambition of achieving a 4 million unit production capacity in India by FY2030-31.
The exact location and models to be produced at the facility are yet undisclosed. Adding an element of anticipation. This state-of-the-art plant is positioned as a sustainable and innovative venture. And further contributes to the progressive landscape of the Indian automotive sector.
Complementing this, SMG’s fourth production line, expected to be operational in FY2026-27, will escalate the annual capacity from 750,000 to 1 million units. The 32 billion Rupees invested in this expansion accentuates Maruti Suzuki’s forward-looking approach, with a distinct focus on electric vehicles. This not only marks a shift toward eco-friendly practices but also positions the company strategically for the evolving automotive market.
Combined Annual Production Capacity in Gujarat: The dual investment thrust in a new greenfield plant and expansion of SMG’s production line consolidates Gujarat’s pivotal role in Maruti Suzuki’s production strategy. Combined annual production capacity in the state is set to soar to an impressive 2 million units.
Zooming out to the broader picture, Maruti Suzuki envisions a remarkable 4 million unit production capacity in India by FY2030-31. Gujarat emerges as a linchpin in this strategic vision, slated to contribute a substantial portion to the company’s ambitious target.
Additional Plant Operations and Future Expansion Plans: Beyond Gujarat, Maruti Suzuki’s investments extend to the Kharkhoda plant in Haryana. Positioned strategically, these investments serve as stepping stones for future market expansion. The company’s visionary approach underlines its commitment to staying at the forefront of the dynamic Indian automotive industry. A position it has dominated for ages.
Maruti Suzuki’s investments, characterized by sustainability and innovation, epitomise a proactive and resilient strategy. This comprehensive plan aligns with the company’s commitment to shaping a robust future for the Indian automotive sector.
In essence, Maruti Suzuki’s strategic maneuvers in Gujarat signify a dynamic, visionary, and resilient approach. A big boost to its prominent position in India’s rapidly evolving automotive landscape.