Maruti Suzuki has got a green signal from the Haryana government, to set up another manufacturing plant in the state. In a meeting of the Haryana Enterprise Promotion Centre, the Chief Minister of Haryana, Mr. Khattar said that the company has been given clearance to set up a plant in 900 acres of land in the Sonipat district. Including the new plant, Maruti would have three plants in the state of Haryana, and a total of four plants in the whole of India.
State Chief Minister, Mohan Lal Khattar also said that the company has been given SGST (State Goods and Services Tax) reimbursement for fifteen years. Besides this, he also said that setting up this plant will boost production for the company and will result in the growth of the auto industry in the state, and will also provide for employment to people. The company is only benefitted by the fact that it already has two more plants in the state in Manesar and Gurgaon. Thus, the proximity of the new plant will lead to better management and smooth functioning.
Maruti Suzuki: Current and future plans
Like all other brands, Maruti Suzuki has also been affected by the semiconductor and chip shortage. The company recently said that it is not able to work at the full capacity of the plants due to the chip shortage. Maruti Suzuki is also expecting a negative impact on its production units in Gurgaon and Manesar. Many upcoming models of Maruti Suzuki have been seen testing on road. The facelifted Baleno facelifted Vitara Brezza, and new Alto are right around the corner, from their launch.
Though the company has not shown much interest in the EV industry as of now, sooner or later they will have to jump into the EV game to keep up with their rivals. The company will need the infrastructure to keep up its production for all the new and already existing models. More so this new plant will be the largest with an area of 900 acres. Maruti Suzuki aims at building this plant from the ground up in a matter of 2-3 years and starting production at the earliest.