Maruti Suzuki Planning New Plant to Cater to Market Demands


Maruti Suzuki plans to build a new plant in India to meet growing domestic and export demands.

The company aims to introduce six electric vehicle (EV) models in the Indian market by 2030.

The new facility will help the automaker to achieve its target of producing two million cars per year.

Maruti Suzuki's parent company, Suzuki Motor Corporation, will invest INR 9,000 crore in the new plant.

The facility will also focus on research and development activities to enhance the company's competitiveness.

The automaker aims to increase its share in the Indian EV market, which is expected to grow rapidly in the coming years.

Maruti Suzuki plans to launch its first EV in India in 2025, and the company is currently testing various prototypes.

The new plant will also help the company to reduce its carbon footprint and contribute to sustainable development.

The automaker has already established a battery manufacturing unit in Gujarat to support its EV production plans.

The new plant will be located in Haryana, and its construction is expected to begin in 2024.

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