Maruti Suzuki has announced that the company has finalised a land site for its new vehicle manufacturing facility in Haryana. The company has been in discussion with the state government for the investment of a new facility as part of the proposed expansion plan. The automaker completed the process of allotment of an 800-acre site at IMT Kharkhoda in the Sonipat district with the Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC).
Maruti Suzuki confirmed that the first manufacturing facility at the site will have a production capacity of 250,000 vehicles per annum. It is expected to be commissioned by 2025, subject to administrative approvals. The first phase will see the Indian auto giant invest about ₹ 11,000 crore for building the manufacturing facility. The land site will have space for capacity expansion and will include more production plants in the future, the company said in a regulatory filing.
Highlights
- Maruti Suzuki has been alloted an 800-acre site for its new facility
- The new land site is located at IMT Kharkhoda in the Sonipat district
- The new plant will have annual production capacity of 250,000 vehicles
Keyword: Maruti Suzuki Finalises Land Site For New Car Plant In Haryana, To Invest ₹ 11,000 Crore