Maruti Suzuki Expands: New Gujarat Plant in Khoraj to Boost Production by 1 Million Units

• Maruti Suzuki's board approved land acquisition at Khoraj Industrial Estate, Gandhinagar, Gujarat, for a new manufacturing plant.
• The company aims to add up to 1 million units per annum to its production capacity due to full utilization of existing facilities.
• Current installed capacity is 2.4 million units annually, with a capability of 2.6 million units across Gurugram, Manesar, Kharkhoda, and Hansalpur.
• An outlay of Rs 4,960 crore has been approved for land acquisition, development, and preparatory activities at Khoraj.
• The expansion is driven by growing market demand, including exports, with a target of 4 million units by FY31.

Why It Matters: Maruti Suzuki is investing Rs 4,960 crore for a new Gujarat plant to add 1 million units capacity.