25-Feb-2025 01:03 PM
1705
New Delhi, Feb 25 (Reporter) Leading carmaker Maruti Suzuki India on Tuesday said that it has commissioned the first phase of the manufacturing facility with a capacity of 2,50,000 units per annum at Kharkhoda in Haryana.
In a stock exchange filing, the car company stated that it has also started commercial production at the facility with effect from February 25, 2025.
India is a key market for Suzuki and the Japanese auto giant expects it to serve as an engine of growth in future.
In its Mid–Term Management Plan issued last week, Suzuki said it is aiming for 50% market share in India and to have 4 million units of annual manufacturing capacity in the country. India is set to serve as the company's global exports hub.
The auto major said it will strengthen its product capabilities and lineup in the SUV and MPV segments.
It will also expand its BEV (battery electric vehicle) lineup starting with e VITARA and launch 4 BEV models by FY2030...////...