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Maruti Suzuki plans to set up Rs 18,000 cr factory in Haryana

Wednesday, 14 Jul 2021
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Maruti Suzuki is lining up the country’s largest single-location automobile investment as it plans to make an investment of up to Rs 18,000 crore for a new factory premises in Haryana. The factory may have a peak annual capacity of 10 lakh units. 
The greenfield location, which may be spread over 700 to 1,000 acre, would come as a replacement to its old and first factory located in Gurugram, but the company is wary of the state’s new policy that has mandated 75 percent job reservation for locals in business and factory establishments.
The company plans to invest Rs 17,000-18,000 crore. The total capacity planned would be between 7.5 lakh and 10 lakh cars per annum. The initial delay in the new factory’s plans was due to the outbreak of COVID-19 pandemic. 
The company has decided to shift its Gurugram plant, spread over 300 acre, due to space constraints. Since the premises fall around residential areas, locals face a lot of hardships due to  movement of trucks. 
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