Two new automobile manufacturing facilities to come up in Gujarat and Haryana

Jay Bharat Maruti Limited would build two new manufacturing facilities in Gujarat and Haryana. The business intends to meet the needs of Maruti Suzuki, one of its most important clients, in both areas….

Auto industry readies Rs 30,000-crore capex for FY23

Vehicle makers and their component partners will spend more this year than in previous years on new capacity creation, new products, and technology development, confident that they have entered a robust demand upcycle….

Maruti Suzuki commences construction of largest production factory

Maruti Suzuki has begun the process of building its largest production factory, but it has warned that further investment would be contingent on the status of India’s vehicle sales, which have been dropping…

Maruti Suzuki ups capex to Rs 5,500 cr

Maruti Suzuki, the country’s top carmaker, has budgeted capital expenditure of about Rs 5,500 crore in this financial year. This highest-ever capex is to give push to operations after two years of modest…