Overview
- Board approval covers land acquisition, development and preparatory work at Khoraj Industrial Estate near Ahmedabad.
- The site is planned to support up to 1 million additional vehicle units, with phasing and installation to be decided by the board.
- Financing will combine internal accruals and external borrowings, according to the regulatory filing.
- Existing capacity of roughly 2.4 million units annually, with capability to 2.6 million, is fully utilised across Haryana and Hansalpur facilities.
- The project is framed as a response to sustained domestic and export demand and complements the integration of the erstwhile Suzuki Motor Gujarat operations.