Japanese automaker Suzuki Motor Corporation announced the construction schedule for its second plant in the Indian state of Gujarat, following the completion of the INR 50 billion (US$ 532 million) land acquisition in the city of Sanand in January of this year by its local subsidiary Maruti Suzuki India Limited.
The company confirmed that the first production line at the new plant will have an annual production capacity of 250,000 vehicles, with operations scheduled to begin in 2029, and with room to expand production capacity at the site to a maximum of 1 million units. The total investment for the first production line is expected to amount to INR 102 billion (US 1.1 billion), including plant buildings, production equipment, and common infrastructure.
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Suzuki said the new plant is being built in response to anticipated growth in the Indian automobile market, and also to increase exports in line with the government’s “Make in India” initiative. The company pointed out that Gujarat offers a well-developed supply chain and infrastructure, as well as proximity to ports, making it a good location to supply both the domestic and overseas markets, adding that Sanand also has “excellent access to highways and railway networks.”
