Maruti to invest ₹18000 cr in new manufacturing plants in Haryana

New Delhi. The country’s largest carmaker Maruti Suzuki India is planning to invest Rs 18,000 crore in a new manufacturing plant in Haryana. A top company official said the new plant will replace MSI’s Gurugram facility and is expected to have an annual installed production capacity of 7.5 lakh to 10 lakh units.

Confirming the investment plan of Rs 18,000 crore, the company’s chairman RC Bhargava said that the company had always planned to shift the plant in Gurugram to a nearby location. However, he refused to tell about the place decided by the company.

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Bhargava said, “We had said long ago that we will move our plant from Gurugram to some other place and set it up somewhere nearby in Haryana itself… so that’s what we are doing.”

The company is in talks with the state government for 75 percent job reservation.
The car company, however, is cautious about the state’s new policy under which 75 per cent job reservation has been made mandatory for locals in business and factory establishments established in the state. Bhargava said, “Those problems still remain, they have not been solved. So there has been no change in this regard as well.

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He said the company is in talks with the state government but the problem has not been resolved. When asked about the time frame to start the project, Bhargava said, “We don’t know yet, can’t say about it now.” However, he added, the production capacity of the plant would be 7.5 per cent depending on the growth of the market in India. -10 lakh units per year.

Decision to move Gurugram’s plant elsewhere
In view of the congestion and traffic problems, MSI has decided to move the Gurugram plant elsewhere. The company started its journey in India in 1983 from this plant spread over an area of ​​more than 300 acres and introduced its first model Maruti 800.

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