Maruti Suzuki’s fifth plant likely to be set up in Gujarat
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Maruti Suzuki India Limited (MSIL) is planning to launch its fifth car manufacturing plant in Gujarat, as part of its goal to double production capacity by 2030-31. If the plan goes ahead, Gujarat could benefit from an investment of Rs 20,000 crore. The potential locations for the new plant include the Mandal-Becharaji Special Investment Region (MBSIR) and Hansalpur. MSIL is also acquiring a 100% stake in the Suzuki Motor Gujarat (SMG) plant in Hansalpur, which is expected to be completed by March 2024.
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