Maruti is going to set up a new manufacturing plant in this district of Haryana, 15000 people will get employment

Maruti is going to set up a new manufacturing plant in this district of Haryana, 15000 people will get employment

Sushmita Goswami | May 14, 2022 | Views 60193

Maruti is going to set up a new manufacturing plant in this district of Haryana, 15000 people will get employment

Maruti is going to set up a new manufacturing plant in this district of Haryana, 15000 people will get employment

The country’s largest Car manufacturer, Maruti Suzuki India (MSI), stated that the first phase of its new production facility in Haryana will cost Rs 11,000 crore. The carmaker said in a regulatory filing that it has finalized the assignment of an 800-acre land at IMT Kharkhoda in Sonipat district to HSIIDC (Haryana State Industrial and Infrastructure Development Corporation Limited).

Subject to administrative permissions, the first phase of the new factory, with a manufacturing capacity of 2.5 lakh units per year, is projected to be operational by 2025. With the installation of this plant of Maruti, 15000 people will get direct employment by 2025.

According to MSI, the initial investment will be around Rs 11,000 crore. “The location will have room for capacity development in the future to incorporate other manufacturing units,” MSI said.

MSI’s manufacturing operations in Haryana and Gujarat have a combined production capacity of roughly 5.5 lakh units every quarter, or around 22 lakh units per year.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
State Bank of India Recruitment 2023: Last Date Feb 09, Check Posts, Eligibility and Other Details NSDL Recruitment 2023 for Various Posts: Check Posts, Qualifications and Other Details Delhi Metro Recruitment 2023: Monthly Salary up to 260000, Check Posts, Eligibility and Other Details NACWC Recruitment 2023: Check Posts, Eligibility and Other Details Indian Navy Recruitment 2023 for 70 Vacancies: Check Post, Eligibility and Other DetailsView All Posts