Maruti Suzuki India on Wednesday announced an investment of Rs 7,410 crore to establish a third plant at its Kharkhoda facility in Haryana, adding 250,000 units to its annual production capacity. With this expansion, the total capacity at the Kharkhoda plant will reach 750,000 vehicles per year by 2029.
The Kharkhoda plant, which began operations in February, currently manufactures 250,000 vehicles annually. A second plant, already under construction, will add another 250,000 lakh units when completed. The newly approved third plant will further enhance production, reinforcing Maruti’s position as the largest passenger car manufacturer.
This move aligns with the company’s broader strategy to scale up its overall production capacity to 4 million units by 2031. Currently, the company has a total production capacity of 2.6 million vehicles across its plants in Gurugram, Manesar, and Kharkhoda in Haryana, as well as Hansalpur in Gujarat.
In 2024, Maruti produced over 2 million vehicles in a single calendar year for the first time. This also made it the first among Suzuki Motor Corporation’s global manufacturing facilities to reach this landmark. Of the total 2 million vehicles produced, nearly 60% came from the company’s Haryana plants, while the Gujarat facility contributed the remaining 40%.
Beyond the expansion in Kharkhoda, Maruti Suzuki is actively working on additional capacity enhancements. It has announced plans for a new greenfield facility capable of producing 1 million units annually and is in the process of selecting a location. Additionally, the company has unveiled plans for a fourth manufacturing plant in Hansalpur (Gujarat) with a 250,000 unit capacity, set to commence operations in FY27.
With these planned expansions, Maruti Suzuki’s cumulative manufacturing capacity, including upcoming projects, will reach 4.35 million units —exceeding its 4 million unit target by 2031.
As part of its mid-term management Plan, Suzuki Motor Corporation has committed 1,200 billion yen (approximately Rs 7,000 crore) in capital expenditure towards production enhancements, new model development, carbon neutrality initiatives, and quality improvements.
The Rs 7,410 crore investment for the Kharkhoda plant expansion will be fully funded through internal accruals.
On Wednesday, shares of Maruti Suzuki closed down 1.39% at Rs 11,731.70 on the BSE.
