Prime Highlights:
- Maruti Suzuki is throwing in a big amount—₹7,410 crore—to make its factory in Kharkhoda, Haryana, bigger.
- This growth will let them make 250,000 more cars each year by 2029.
Key Facts:
- Right now, Maruti Suzuki has got two spots in Kharkhoda. Each can make 250,000 cars a year.
- This new part will bump up the total number of cars made in Kharkhoda to 750,000 every year.
- They’re spending this money to keep up with more and more people wanting their cars, here and in other countries.
Key Background:
Maruti Suzuki, the top car maker in India, said they’re gonna spend ₹7,410 crore to make their Kharkhoda, Haryana place bigger. It’s all part of their big plan to make more and meet the rising demand, both here and abroad.
Right now, the Kharkhoda spot has two factories, and each can pump out 250,000 cars a year. By adding a third one, they wanna push that number to 750,000 cars each year by 2029. This should help them sell more cars and cut down the wait time for buyers.
Now, about Kharkhoda—it’s in Haryana’s Sonipat area and is kinda becoming a big deal for industries because the local government’s all in to boost industrial growth there. With Maruti Suzuki making it bigger, it’ll likely bring more jobs and help the local economy grow.
Besides the plants in Gurugram and Manesar, which make well-known models like the Alto and Swift, Maruti Suzuki also gets cars from a plant in Gujarat. This one’s run by Suzuki Motor Corporation but just makes cars for Maruti.
By putting money into making more cars, Maruti Suzuki wants to work more smoothly, bring in new models without a hitch, and stay on top in India’s tough car market. This move will not just help keep up with demand but also boost their plans to send more cars to other countries.
So, this huge investment of ₹7,410 crore shows that Maruti Suzuki is really into making things better and keeping their lead in the Indian car market—big plans, indeed!