Maruti Suzuki’s Exciting New Plant in Haryana 🚗
Maruti Suzuki, India’s well-known car manufacturer, is all set to build its third plant. The company’s board of directors has approved a significant investment of Rs 7,410 crore for this new facility in Kharkhauda, Haryana. This is great news for car lovers and job seekers alike. 🏭
Production Capacity Growth 📈
Currently, the existing plant in Kharkhauda produces 2.5 lakh vehicles each year. There’s also another plant under construction that will have the same production capacity. With the addition of the new plant, Maruti Suzuki aims to boost its annual production capacity in Kharkhauda to a total of 7.5 lakh units by 2029. That’s a big leap forward. 🚀
Investment from Internal Resources 💰
Maruti Suzuki plans to fund this new plant using its own resources. This shows the company’s confidence in the growing demand for vehicles, especially in the export market. As more people want to buy cars, Maruti Suzuki is stepping up to meet that demand. 🌍
Completion Timeline ⏳
The new plant is expected to be completed by 2029. This timeline gives us something to look forward to as Maruti Suzuki continues to expand its reach and production capabilities. The increase in production will not only help in fulfilling local demand but also cater to international markets. 🌟
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