323.20 (2.04%) Maruti Suzuki India is planning to invest around Rs 45,000 crore to double its production capacity to 40 lakh units annually in the next eight years. The company will also take up suggestions by shareholders for a stock split to its board for consideration.
The company will also deal with a lot of technologies, including electric vehicles (EVs), hybrids, CNG, ethanol-blended and use of compressed biogas going forward as it is difficult to predict what will happen in the next eight to ten years in terms of new technologies.
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.