Suzuki Motor Corp. TSE:7269

Suzuki Motor : March 24Investment Amount and Commencement Timing for Second Automobile Plant in Gujarat, India

Published

Source: MarketScreener

Investment Amount and Commencement Timing for Second Automobile Plant in Gujarat, India

Maruti Suzuki India Limited (hereinafter, "Maruti Suzuki"), an Indian subsidiary of Suzuki Motor Corporation (hereinafter, "Suzuki"), reached a basic agreement with the State of Gujarat in January 2024 regarding the construction of the second plant in Gujarat, and the acquisition of the land was announced in January 2026.

In this regard, Maruti Suzuki announced today the commencement timing and investment amount for the first production line at the new plant.

The first production line is planned to have an annual production capacity of 250,000 units, with the aim of commencing operations by 2029. Investment is planned to be 101.9 billion rupees in the first production line, including plant buildings, production equipment and common infrastructure.

Gujarat offers a well-developed supply chain and infrastructure, as well as proximity to ports, making it an advantageous location not only for production serving the Indian domestic market but also as an export base for finished vehicles. In addition, Sanand, where the new plant will be constructed, features excellent access to highways and railway networks.

The construction of the new plant is intended to respond to the growth of the Indian automobile market and the expansion of vehicle exports from India. Suzuki will continue to contribute to the "Make in India" initiative.

Outline of New Plant

Location

Sanand, Gujarat, India

Site area

Approx. 7 million m2 (approx. 1,750 acres)

Annual production capacity

250,000 units (Maximum 1,000,000 units)

Planned operation

Start of operation by 2029, subject to market conditions

Investment

101.9 billion rupees

Land acquisition

49.6 billion rupees (announced in Jan. 2026)