Carmakers Plan Rs 1 Lakh Crore Expansion, 65% Capacity Surge Driven by GST

• Indian carmakers are investing nearly Rs 1 lakh crore over 5-6 years, aiming for a 65% capacity increase to 9 million units annually.
• GST rationalisation provides policy clarity and demand visibility, driving long-term production planning.
• Maruti Suzuki plans to add 1.5 million units by FY30, including a new 1 million unit plant in Gandhinagar, Gujarat, costing Rs 35,000 crore.
• Toyota Kirloskar Motor targets 1 million units, doubling capacity with a new facility in Chhatrapati Sambhajinagar and expansion at Bidadi.
• Mahindra & Mahindra will double capacity to over 1.5 million units by FY29-FY30, while Tata Motors expands in Tamil Nadu with a Rs 9,000 crore investment.