Maruti Suzuki signs up for biggest automotive investment in India: 800-acre plant in Haryana – Times of India

maruti suzuki With whom did India today sign the land allotment agreement? Haryana The government will build the biggest ever manufacturing facility in Kharkhoda, Haryana. The facility will be spread over 800 acres of land and will involve an investment of about Rs 11,000 crore, of which Rs 2,131 crore was paid for the land. The allotment agreement signed with the Haryana government states that 800 acres will be given to Maruti Suzuki and an additional 100 acres will be given. suzuki motorcycles India Private Limited. This includes land, car manufacturing plants and some common infrastructure for future plant support.
During the signing of agreements held in Gurugram, Executive Vice President, Maruti Suzuki, Mr. kenichi ayukawa Said, ‘Haryana is our ‘karmabhoomi’, our ‘karmabhoomi’. Our first plant in Gurgaon is in an area of ​​300 acres. The Manesar plant, which came forward, occupies a site of 600 acres. We have further expanded our facilities with a R&D center of 600 acres in Rohtak. And going forward, we are delighted to sign our largest ever construction facility on an 800-acre land plot in Kharkhoda. He also thanked the Chief Minister of Haryana, Manohar Lal and the Deputy Chief Minister. Dushyant Chautala for their support.

The construction of the manufacturing facility is about to begin immediately. The first phase of the plant is expected to be commissioned by 2025. Once done, it will have the capacity to produce 250,000 cars per year. Once completed, the potential capacity of the plant will be close to 10 lakh units. Maruti Suzuki is expected to reach this benchmark in 8 years. Industrial investment of Rs 11,000 crore is the biggest and biggest ever in Haryana motor vehicle Investment in India. The plant will also generate 11,000 jobs in the state. The two-wheeler plant will create 2,000 jobs, taking the total number to 13,000.

An additional 100 acres will also be developed for Suzuki motorcycles along with a four wheeler plant. Suzuki Motorcycles has invested around Rs 266 crore for the land. The car plant land has been valued at over Rs 2,100 crore and the same was paid to HSIIDC today through an online transaction. During talks in Gurugram on May 19, it was indicated that the total investment between Maruti Suzuki and Suzuki Motorcycles would be close to Rs 18,000 crore.