Maruti Plans To Invest Upto Rs 18000 Crore For 10L Unit Plant
- ByAyushi Ray | July 14, 2021
Maruti plans to invest upto Rs 18000 crore for 10L unit plant. It is lining up the country’s largest single location automobile investment. The green field acres which will come as a replacement to Maruti’s old factory located at Gurugram, but the company is wary of States reservation policy which states that 75%of the local people are to be appointed in factory and business appointments. “We have plans to invest Rs 17000 – 18000 crore. The total capacity we are planning is between 7.5 lakh and 10 lakh per annum. This is the scale we are looking at.” R C Bhargava, Chairman of Maruti Suzuki said in a recent statement. He further added, “ would like to shift quickly” to the new location.
The initial delay in the new factory’s plan was due to the outbreak of corona virus. “ It went into cold storage due to Covid last year. Now again, it’s been reviewed. But we have an additional issue to sort out first. Haryana’s local job reservation which we are looking into. We are concerned about it. We are talking to them, asking the state government to work out a solution, which can make everyone happy.” the Chairman said. He says the issue has already been raised by top industry chambers such as the CII. The company has decided to shift it’s Gurugram plant spread over 300 acres , because of space constraints. Since the premises fall under residential areas, locals face a lot of hardships due to the movement of the trucks.
Follow Startup Story
Related Posts
