Manzar Naqvi
KARACHI: Suzuki Motor Company has determined to amass land in India’s Gujarat state for the institution of a brand new car manufacturing plant, marking one other main step in increasing its manufacturing footprint within the nation. The choice shall be applied by way of its Indian subsidiary, Maruti Suzuki India Restricted, which has finalized plans to amass land from the Authorities of Gujarat for the brand new facility to be constructed in Sanand.
Earlier, in January 2024, Maruti Suzuki had reached a primary settlement with the Gujarat authorities relating to the development of a second car manufacturing plant within the state. The most recent resolution formalizes the land acquisition course of and advances preparations for the venture, which is aimed toward supporting future development in each the home and export markets.
Gujarat has emerged as a most popular vacation spot for large-scale car investments as a consequence of its well-developed provide chain and sturdy infrastructure. Its proximity to main ports gives vital logistical benefits, making it a really perfect manufacturing base not just for the Indian market but in addition for exports of full automobiles. Sanand, particularly, affords sturdy connectivity by way of highways and railway networks, additional strengthening its enchantment as a producing hub.
The brand new plant in Sanand shall be unfold over an space of roughly seven million sq. meters, or about 1,750 acres, and could have a deliberate manufacturing capability of 1 million automobiles per yr. The price of land acquisition and associated bills is estimated at round 49.6 billion Indian rupees. As soon as operational, the power will considerably improve Maruti Suzuki’s total manufacturing capability in India.
With this growth, Suzuki goals to steadily improve manufacturing capability in anticipation of long-term development in India’s car market, whereas additionally scaling up exports from the nation. The funding aligns with India’s “Make in India” initiative and underscores Suzuki’s dedication to strengthening native manufacturing and contributing to industrial improvement.
At current, Maruti Suzuki operates a number of car manufacturing crops throughout India. These embody the Gurugram plant in Haryana, operational since 1983 with a manufacturing capability of 700,000 models per yr; the Manesar plant in Haryana, operational since 2006 with a capability of 900,000 models; the Hansalpur plant in Gujarat, operational since 2017 with a capability of 750,000 models; and the Kharkhoda plant in Haryana, which is anticipated to start operations in 2025 with an preliminary capability of 250,000 models. Collectively, these services type the spine of Maruti Suzuki’s manufacturing community, which shall be additional strengthened by the addition of the brand new Sanand plant.
