Maruti Suzuki Share Price in Focus as Company Unveils ₹10,189 Crore Capacity Expansion at Khoraj

Maruti Suzuki India Limited has announced a significant expansion of its manufacturing capacity at the Khoraj Industrial Estate.  

The company plans to add a capacity of 2,50,000 vehicles per annum, with an investment of ₹10,189 crore. 

Details of the Capacity Expansion 

On March 24, 2026, Maruti Suzuki India Limited's board approved the first phase of capacity addition at Khoraj Industrial Estate. This expansion will add 2,50,000 vehicles annually to the company's production capabilities.  

The current total capacity stands at 24 lakh units per annum across Gurugram, Manesar, Kharkhoda, and Hansalpur, with a potential to reach 26 lakh units. 

The existing capacity is fully utilised, necessitating this expansion to meet growing market demand, including exports. 

Investment and Financing 

The investment required for this expansion is ₹10,189 crore. This amount will cover the first phase of the car manufacturing plant, which will have an annual capacity of 2,50,000 units, along with common infrastructure for future plants.  

The expansion will be financed through internal accruals. 

Timeline for Completion 

The first phase of the capacity addition is expected to be completed by 2029, subject to market conditions. This timeline aligns with the company's strategic growth plans to cater to increasing demand. 

Read More: Maruti Suzuki Share Price in Focus; Automaker Targets 4 Million Annual Production, Expands SUV Lineup! 

Maruti Suzuki India Share Price Performance  

As of March 24, 2026, at 3:06 PM, Maruti Suzuki India share price on NSE was trading at ₹12,436.00 up by 0.66% from the previous closing price. 

Conclusion 

Maruti Suzuki India Limited's decision to expand its capacity at Khoraj Industrial Estate reflects its commitment to meeting market demand. With an investment of ₹10,189 crore, the company aims to enhance its production capabilities by 2,50,000 vehicles annually by 2029. 

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