Maruti Suzuki, is planning to invest over Rs. 7,000 crore this on various initiatives. This includes the construction work of its new plant in Haryana and new model launches.
According to media reports, the company has already began work at the new facility in Sonipat district. The Kharkhoda-based plant, the company's third set-up in the country, is expected to be operational by 2025 with an installed production capacity of 2.5 lakh units in the first phase.
In the present times, Maruti Suzuki (MSI) has a cumulative production capacity of over 22 lakh units per annum across its two manufacturing plants in Haryana and parent Suzuki Motor's facility in Gujarat.
It is to be mentioned that the two plants in Haryana, Gurugram and Manesar, together roll out around 15.5 lakh units per annum.
Previously, in the month of May, the company had announced to invest Rs. 11,000 crore in the first phase of the Sonipat facility.
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