Gujarat Dynamic Summit: Maruti Suzuki at INR 38,200 cr to expand capacity

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At the ongoing Vibrant Gujarat Global Summit 2024, Toshihiro Suzuki, President of Suzuki Motor Corporation, said the Suzuki Group will invest INR 35,000 crore to set up a new plant in Gujarat and INR 3,200 crore to add a new fourth production line in the existing SMG plant. The expansion comes in line with the automaker’s long-term plan of bringing 10 new models to the market by FY 2030-31 and rolling out its first BEV from SMG by the end of this year.

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