According to a statement from the firm, Maruti Suzuki India Ltd. would invest over INR 32,000 crore to build an auto facility in Gujarat that will eventually produce about 1 million vehicles annually. It is anticipated that the plant will start up in FY2028–2029.
In order to increase the production of electric vehicles, Maruti Suzuki plans to invest an additional INR 3,200 crore to establish a fourth production line at its fully owned subsidiary Suzuki Motor Gujarat Pvt. Ltd.
“The investment of INR 3,200 crore will add a new production line which can produce 2.5 lakh (250,000) units per year. It will increase the current annual production of Suzuki Motor Gujarat from the current 7.5 lakh (750,000) to 1 million units,” said Toshihiro Suzuki, president, Suzuki Motor, in a statement.
According to him, Suzuki Motor also intends to ship new Jawa bike models, which are manufactured in India, to Europe and Japan.
Maruti Suzuki stated that by FY2030-31, it hopes to reach a production capacity of roughly 4 million automobiles.
“India has been steadily growing as a manufacturing hub under the leadership of Prime Minister Narendra Modi and as a result India has now become the world’s largest automobile hub,” Toshihiro Suzuki said.
To mitigate the impact of carbon emissions, the Japanese firm announced it is establishing biogas plants in Gujarat, and will produce compressed natural gas, bio-ethanol and green hydrogen.
“Taking advantage of India’s animal wealth, we will start production of biogas from cow dung together with the National Diary Development Board (NDDB). Suzuki, Japan has already started construction of four biogas plants in the state,” he reportedly said.
