Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14876.80
-364.15 (-2.39%)
< Home < Back

Maruti Suzuki India to finalise plans to set up new manufacturing facility in Haryana

Date: 09-11-2021

Maruti Suzuki India (MSIL) is likely to finalise plans to set up of a Rs 18,000 crore new manufacturing facility in Haryana before the end of this calendar year with the state government reducing the gross salary cap to Rs 30,000 per month in its 75 per cent job reservation policy for locals.

Maruti Suzuki will be looking for a new land within Haryana where it can set up three units with each having annual production capacity of 2.5 lakh units and the overall investment in the new facility will be around Rs 18,000 crore.

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.