Suzuki Motor Unit Opens First New India Plant in Eight Years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
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Source: Bloomberg
New Manufacturing Facility: Maruti Suzuki has commenced production at its new plant in Kharkhoda, Haryana, which is set to become one of Asia's largest passenger vehicle manufacturing facilities by 2028, with an initial capacity of 250,000 vehicles per year.
Market Growth and Investment Plans: Despite modest growth expectations for domestic car sales this year, India's passenger vehicle market is projected to reach 6 million by 2030, prompting Suzuki to invest ¥4 trillion ($26.8 billion) in expanding manufacturing infrastructure while adjusting its electric vehicle launch plans.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
