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Maruti Suzuki to invest Rs 35,000 cr for setting up new factory in Gujarat

By IANS | Updated: January 10, 2024 12:25 IST

Gandhinagar, Jan 10 Japanese carmaker Suzuki Motor will invest Rs 35,000 crore to build a second car plant ...

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Gandhinagar, Jan 10 Japanese carmaker Suzuki Motor will invest Rs 35,000 crore to build a second car plant in Gujarat, company president Toshihiro Suzuki said at an investment summit in the state on Wednesday.

“The new plant will produce one million units a year as a result of which the company’s annual production in Gujarat will become two million units,” Suzuki said.

The country’s largest carmaker at present has a total production capacity of around 22 lakh units per annum across its two manufacturing plants in Haryana and Gujarat.

The company is also setting up a new manufacturing plant at Sonipat in Haryana, on the outskirts of Delhi, with an investment of Rs 11,000 crore to expand production.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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