Maruti Suzuki India To Invest Rs 35,000 Crore In New Gujarat Plant

Maruti Suzuki India (MSI) has announced its plan to invest Rs 35,000 crore to establish its second manufacturing facility in Gujarat.

The company aims to increase its annual production capacity to over 40 lakh units by 2030-31.

The announcement was made by Suzuki Motor Corporation president Toshihiro Suzuki on January 10 during the 10th Vibrant Gujarat Global Summit (VGGS).

The new plant is projected to have an installed production capacity of 10 lakh units per annum.

The investment of Rs 35,000 crore will be dedicated to the construction of the second car plant in Gujarat, with the capacity to produce an additional one million units per year.

The new plant is expected to commence operations in the fiscal year 2028-29.

Details regarding the location of the plant and the models to be produced will be disclosed in due course.

This expansion will result in the annual production capacity in Gujarat reaching 20 lakh units, with 10 lakh units at Suzuki Motor Gujarat and 10 lakh units at the new plant.

Electric Vehicle Production and Investments

Suzuki also revealed plans for the group’s first battery electric vehicle (BEV), which will be manufactured at Suzuki Motor Gujarat by the end of the year.

The company intends to not only sell this model in India but also export it to Japan and Europe.

To support the production of BEVs, an investment of Rs 3200 crore will be made in Suzuki Motor Gujarat to add a new fourth production line capable of producing 2.5 lakh units per year. This fourth line is anticipated to be operational in the fiscal year 2026-27.

Additionally, Maruti Suzuki has initiated the construction of four biogas plants in partnership with the National Dairy Development Board (NDDB) and Banas Dairy in the state.

Maruti Suzuki highlighted the support of Prime Minister Narendra Modi for the manufacturing industry, noting that under Modi’s leadership, the Indian automobile market has been steadily expanding.

As a result, India has become the third-largest automobile market globally. He emphasised the substantial increase in production capacity and export sales in India compared to a decade ago, with a 1.7 times rise in vehicle production and a 2.6 times increase in export sales in the current fiscal year.