Maruti Suzuki Starts Commercial Production At Kharkhoda Plant

Company claims that in the first phase, the Kharkhoda facility will have an annual production capacity of 250,000 units and primarily focusing on manufacturing the compact SUV Brezza.

With the addition of this facility, Maruti Suzuki, now has a total production capacity of 2.6 million units per year.

Last week, the Suzuki Motor Corporation of Japan, the parent company of Maruti Suzuki India, announced a new mid-term plan with a "rethink" in its strategy as "the business environment has changed due to declining market share in India" and the growing electrical vehicles segment. In its new mid-term plan for 2025-30, the company has identified India as its "most important market”.

Maruti Suzuki aims to create a manufacturing capacity of producing 4 million cars annually to reclaim a 50% market share in India and use the country as a global export hub as well.

Maruti Suzuki is currently exporting three lakh vehicles from India annually. By the end of this decade, it is targeting the export of 7.5-8 lakh units per year.

Suzuki Motor plans to invest 1,200 billion yen (about Rs 7,000 crore) as capital expenditure towards production, new models, carbon neutrality and quality measures.