Maruti Suzuki to invest Rs 11,000 cr in 1st phase of Sonipat plant
New Delhi: India's largest car manufacturer Maruti Suzuki will invest Rs 11,000 crore to make operational the first phase of its new manufacturing facility in Haryana's Sonipat, according to an ET report.
The new unit is likely to emerge as the largest production base for the company in the country, the report said.
“The company completed today, the process of allotment of an 800 acres site at IMT Kharkhoda in District Sonipat with HSIIDC (Haryana State Industrial and Infrastructure Development Corporation Limited),” Maruti Suzuki said in a statement.
The company had been in talks with the Haryana government for investment in a new manufacturing site for its proposed capacity expansion, said the report.
The first plant with a manufacturing capacity of 250,000 vehicles per annum is expected to be commissioned within the year 2025 subject to administrative approvals, the ET report stated.
This will involve an investment of Rs 11,000 crore.
The new site will have space to add more manufacturing units in the future in case of a capacity expansion.