Business · India Bureau
Maruti Suzuki raises capex target to ₹77,500 crore through FY31
India's largest carmaker Maruti Suzuki has substantially increased its capital expenditure roadmap to ₹77,500 crore over the next five fiscal years, signalling an aggressive push to expand manufacturing capacity, develop new models, and strengthen its research and development capabilities.
LSN India ·
Maruti Suzuki India has announced an elevated investment programme aimed at strengthening its competitive position in the domestic automobile market. The revised capital expenditure target of ₹77,500 crore through fiscal year 2031 represents a significant commitment to modernising the company's operations across multiple fronts.
The investment allocation will be directed towards several strategic priorities. The company plans to augment its manufacturing capacity to meet growing demand, while simultaneously accelerating the development of new vehicle platforms and models. A substantial portion of the capex will support research and development initiatives, positioning the carmaker to respond to evolving consumer preferences and regulatory requirements.
Clean manufacturing technologies and environmental sustainability form key components of the investment strategy. Maruti Suzuki will deploy capital to upgrade production facilities with greener processes, aligning with India's environmental targets and anticipated stricter emission norms. The capex programme also encompasses expansion of the company's sales and distribution infrastructure to enhance market reach.
The five-year investment plan underscores Maruti Suzuki's confidence in domestic market growth and its determination to maintain leadership in India's highly competitive automotive sector. The expanded capex roadmap reflects the company's focus on long-term value creation and technological advancement in an increasingly demanding market landscape.