InvestorQ : What is Maruti Suzuki planning to invest Rs.18,000 crore for?
Mary Joseph made post

What is Maruti Suzuki planning to invest Rs.18,000 crore for?

Answer
image
Arusha Ray answered.
5 months ago
Follow

Maruti Suzuki plans to invest Rs.18,000 crore on a new manufacturing facility in Haryana. With an installed capacity of 10 lakh units per year, this new facility will replace the Gurugram based facility. Maruti has been wary of Haryana’s new policy that has mandated 75% for locals in all the business and factory establishments. Despite lobbying, the issue is unresolved. This is MSL’s first plant, but now falls in residential locality creating congestion.

4 Views