Maruti to invest ₹77,500 crore through FY31 for new models, capacity and R&D
Maruti Suzuki India plans ₹77,500 crore in capex through FY31 to expand capacity, develop new models and fund R&D and cleaner manufacturing and sales infrastructure. The company targets up to 4 million units via phased expansions including a new Sanand, Gujarat plant. It plans seven new SUVs and flexible production for EVs, hybrids, CNG and ICE, with rising CBG use, while managing higher commodity and input costs via pricing and cost reductions.
Coverage (6)
- Maruti Suzuki Raises 5-Year Capex Plan to ₹77,500 Crore; Capacity, New Cars and R&D in Focus (autopunditz.com)
- Maruti Suzuki plans Rs 77,500 crore capex over 5 years to boost demand post-GST (economictimes.com)
- Maruti Suzuki to stay focused on small car segment; outlines ₹77,500 crore capex through FY31 (thehindu.com)
- Maruti Suzuki India increases capex to Rs 77,500 crore for capacity expansion, R&D, and E20 compatibility by FY31 (rediff.com)
- Maruti raises FY27-31 capex target to ₹77,500 crore for expansion, R&D (business-standard.com)
- Maruti Suzuki raises five-year capex plan to Rs 77,500 crore as it gears up for expansion (inkl.com)