Gurugram
Maruti Suzuki India (MSI) on Thursday said its new manufacturing facility in Haryana, the company’s third in the state, would reach peak production capacity of 10 lakh units per annum in the next eight years entailing a total investment of Rs 18,000 crore.
The new facility, which would come at a 800-acre site at IMT Kharkhoda in Sonipat district, will entail total investment of Rs 11,000 crore in the first phase with a production capacity of 2.5 lakh units per annum.
The first set of vehicles are expected to roll out of the facility in 2025.
Speaking at an event here to mark the formal announcement of land allotment to the auto major, MSI Chairman RC Bhargava said the 10 lakh production capacity at the Sonipat plant would help in catering to the demand in both domestic as well as export markets.
Subject to market conditions we will be able to reach peak production capacity in 8 years. The Sonipat plant will then become the largest site with production capacity of 10 lakh cars, he noted.
Currently, MSI has a cumulative production capacity of around 22 lakh units per annum across its two manufacturing plants in Haryana and parent Suzuki Motor’s facility at Gujarat. The two plants in Haryana — at Gurugram and Manesar — together roll out around 15.5 lakh units per annum.
Its parent Suzuki Motor Corp has also set up a facility in Gujarat with an installed production capacity of 7.5 lakh units per year after the third unit started production in April last year.
