Print

Maruti Suzuki boosts Manesar plant capacity by 1 lakh units

Maruti Suzuki India Limited has expanded its manufacturing capacity at the Manesar plant by adding a new vehicle assembly line, resulting in an increase of 100,000 units per year. The Manesar plant now has a total production capacity of 900,000 vehicles annually.

“Maruti Suzuki is deeply committed to the Government of India’s vision of `Make in India’. We aim to nearly double our capacity to 4 million vehicles per annum over the next 7-8 years. This capacity addition of 100,000 vehicles per year is a step towards this goal” said Hisashi Takeuchi, MD & CEO of Maruti Suzuki India.

Last week, Maruti Suzuki India achieved a cumulative production of over 3 crore car units in India. The achievement has made it the fastest among all Suzuki production bases to reach this feat in just 40 years and four months since it rolled out its first car in December 1983.

The Manesar plant has contributed over 95 lakh units to the company’s cumulative production. Maruti Suzuki’s sales performance in 2023 includes doubling its market share in SUVs and reporting a 24% year-on-year growth in the SUV segment.

The carmaker commands over 43 percent of the domestic market share and accounts for nearly 40 percent of the total vehicle exports from India.

(Inputs from ANI)

RELATED ARTICLES

9 hours ago | India Tanzania economic partnership

India–Tanzania trade crosses $9 billion as both sides deepen economic partnership

India and Tanzania have reaffirmed their commitment to expanding bilateral trade and economic cooperation, with trade between the two countries crossing the $9 billion mark in 2025–26.  The milestone was highlighted during the 5th session of the ...

11 hours ago | India-UAE CEPA

India-UAE CEPA driving strong trade growth, opening new opportunities: Piyush Goyal

The India-UAE Comprehensive Economic Partnership Agreement (CEPA) is driving robust trade growth and creating new opportunities for Indian businesses, Union Minister Piyush Goyal said on Friday. Four years after the implementation of CEPA, the econo...

12 hours ago | upi transaction

UPI sees 25% growth at 22.35 billion transactions in April, begins FY27 on a strong note

India’s digital payments ecosystem recorded a 25 per cent year-on-year growth in April, with UPI clocking 22.35 billion transactions. In value terms, transactions stood at Rs 29.03 lakh crore, reflecting a 21 per cent annual growth, according to da...