-298.65 (-1.85%) Maruti Suzuki India has received approval for the creation of additional capacity of upto one million vehicles per year. The total existing capacity is around 13 lakh units in Manesar and Gurugram. In addition, the company is supplied vehicles by Suzuki Motor Gujarat (SMG) under the Contract Manufacturing Agreement. The company’s Board, in its meeting held on April 26, 2023, has approved the same.
Maruti Suzuki India 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.