Maruti Suzuki India Ltd.

Maruti Suzuki India has earmarked a capex of Rs 4,500 crore for the current financial year (FY20). The company had earmarked a capex of Rs 4,000 crore for 2018-19.

The investment will go into various initiatives, including new product development, R&D and land acquisition for sales network.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.