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    HomeNewsBusinessMarketsMaruti Suzuki to invest over $860 million to set up another plant

    Maruti Suzuki to invest over $860 million to set up another plant

    The new plant will take the capacity in the region to 750,000 units per year by 2029, the carmaker said

    Reuters
    March 26, 2025 / 14:36 IST
    Maruti has two plants at Kharkhoda in Haryana -- one of which is operational and manufactures 250,000 vehicles a year. Reuters

    India's top carmaker Maruti Suzuki will invest Rs 7,410 crore (nearly $864 million) to set up a third manufacturing plant in Haryana, it said on Wednesday.

    The new plant will take the capacity in the region to 750,000 units per year by 2029, the carmaker said.

    Maruti has two plants at Kharkhoda in Haryana -- one of which is operational and manufactures 250,000 vehicles a year, while another, which is set to have the same capacity, is under construction.

    The shares of the company were trading at Rs 11,780.1, down 0.75 percent on NSE at 14:32 pm.

    Reuters
    first published: Mar 26, 2025 02:35 pm

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