Maruti Suzuki will spend £1.1 bn to set up a new manufacturing facility in Haryana, its third in the state and spread over an 800-acre area, as India's largest carmaker looks to add a fresh 10,00,000 units to its capacity from the location over the coming years. The company, which currently has an annual installed capacity of 22,50,000 units across its existing two plants in Haryana (Gurgaon and Manesar) and one in Gujarat, will start with an initial capacity of 250,000 units at the new location at IMT Kharkhoda in Sonipat district from 2025. This will thereafter be scaled up to 10,00,000 units progressively, as the market expands.
“The new plant with a manufacturing capacity of 250,000 vehicles per annum is expected to be commissioned in 2025, subject to administrative approvals. In the first phase, the investment will be over £1.1 billion. The site will have space for capacity expansion to include more manufacturing plants in the future,” the company said.
Rahul Bharti, director (corporate affairs), said the company hopes to provide direct employment to about 15,000 workers by the time it reaches peak production capacity at the new site. Bharti also said the company doesn’t have any immediate plans to shut down or relocate its Gurgaon facility, something that has been speculated for long in view of the plant’s age and the heavy residential activity around it.
