Overview
- An investment letter was handed over in Gandhinagar in the presence of Chief Minister Bhupendra Patel and Maruti Suzuki MD Hisashi Takeuchi.
- The facility will be developed on about 1,750 acres at Khoraj Industrial Estate near Sanand provided by the Gujarat Industrial Development Corporation.
- The project will be built in four phases, each adding 250,000 vehicles of annual capacity.
- The Gujarat government projects over 12,000 direct jobs and up to 750,000 indirect opportunities through ancillary and MSME growth.
- Maruti Suzuki’s board approved ₹4,960 crore for land acquisition and preparatory works funded via internal accruals and external borrowings, with detailed phasing and commissioning schedules to be decided.