Suzuki's Maruti Suzuki acquires land for new Gujarat plant with 1 million unit capacity
Maruti Suzuki, Suzuki's Indian subsidiary, has acquired land for a new automobile plant in Sanand, Gujarat, with an annual production capacity of 1 million units.
1 million per year
49.6 billion rupees
2.6 million units
What Happened
Suzuki Motor Corporation's Indian subsidiary, Maruti Suzuki India Limited, has decided to acquire land from the Government of Gujarat for a new automobile production plant in Sanand, Gujarat State, India. The site area is approximately 7 million square meters, and the plant will have a production capacity of 1 million units per year. The land acquisition cost is 49.6 billion rupees.
Maruti Suzuki reached a basic agreement with the State of Gujarat for a second automobile production plant
Maruti Suzuki decided to acquire land for the new plant in Sanand
1 million units per yearvehicles
New plant at Sanand, Gujarat
Why this matters
The expansion boosts Suzuki's production capacity in India to meet growing domestic demand and strengthen exports under the 'Make in India' initiative.
Terms in This Story
- Make in India
- A government initiative to promote manufacturing and exports.
- Subsidiary
- A company controlled by another company.
- Supply chain
- The network of suppliers and logistics for production.
Summarised from the linked release; details can be imperfect — always verify against the original source.