Maruti Suzuki India Restricted will make investments Rs 35,000 crore to arrange a brand new automobile manufacturing plant at Khoraj, close to Gandhinagar, strengthening Gujarat’s place as certainly one of India’s most necessary car manufacturing hubs.
The proposed facility will probably be developed on 1,750 acres of land allotted by the Gujarat Industrial Improvement Company. The funding letter handover ceremony was held in Gandhinagar within the presence of Gujarat Chief Minister Bhupendra Patel and Maruti Suzuki India Restricted Managing Director Hisashi Takeuchi. Deputy Chief Minister Harsh Sanghavi and senior executives from Maruti Suzuki had been additionally current.
In response to the Gujarat authorities, the Khoraj challenge will comprise 4 manufacturing models, every with an annual manufacturing capability of two.5 lakh automobiles, taking the overall deliberate capability to 10 lakh vehicles per yr. Manufacturing on the first unit is scheduled to start from the monetary yr 2029. The board of Maruti Suzuki India Restricted accepted the funding earlier this week.
The challenge is predicted to generate direct employment for greater than 12,000 folks. State officers stated the event of ancillary models and MSMEs across the plant is prone to create almost 7.5 lakh oblique employment alternatives over time. The built-in auto cluster that’s anticipated to emerge round Khoraj can be seen as reinforcing Gujarat’s id as a large-scale car and mobility manufacturing hall.
Chief Minister Bhupendra Patel stated the funding aligns with Prime Minister Narendra Modi’s “Make in India, Made for the World” imaginative and prescient and would additional strengthen what he described because the nation’s best car manufacturing hall. He pointed to Gujarat’s policy-driven governance, sturdy infrastructure, and industry-oriented growth mannequin, in addition to the long-standing India–Gujarat–Japan partnership in manufacturing.
Deputy Chief Minister Harsh Sanghavi stated Japan has remained a constant growth accomplice for Gujarat for the reason that inception of the Vibrant Gujarat Summit, including that the state would proceed to increase proactive help to Maruti Suzuki’s growth plans below the management of Chief Minister Patel.
Maruti Suzuki Managing Director Hisashi Takeuchi acknowledged the help prolonged by the Gujarat authorities and stated the state is rising as a pacesetter in mobility transformation, from which the corporate has benefited. He added that Maruti Suzuki goals to contribute actively to the Make in India initiative via its manufacturing presence in Gujarat.
An MoU for the brand new Khoraj facility was signed through the Vibrant Gujarat Summit 2024. Maruti Suzuki already operates a producing plant at Hansalpur in Gujarat, which at the moment has an annual manufacturing capability of seven.5 lakh automobiles. That is slated to be expanded to 10 lakh models by the 2026–27 monetary yr.