This plant can be spread over 700 to 1000 acres and the company will offer it as a replacement for its old plant and will invest up to Rs 18 thousand crore for this.
The country’s largest automaker Maruti Suzuki is preparing for the country’s largest single-location automobile investment. The company is going to invest Rs 18,000 crore for its new factory complex in Haryana which will have a maximum production capacity of 10 lakh units. This information has been given by RC Bhargava, Chairman, Maruti Suzuki. He said this while talking to the Times of India.
This plant can be spread over 700 to 1000 acres and the company will offer it as a replacement for its old plant. But the company is concerned about the state’s new policy, which states that 75 percent of the jobs in factories or industries will have to be reserved for the local people there.
According to the Times of India, Bhargava said that our plan is to invest Rs 17,000-18,000 crore. We are planning a total production of 7.5 lakh to 10 lakh cars per year. He said that the company wants to shift to the new location quickly. But along with this, he also hinted at many other issues. The initial delay in plans for the new factory was due to the coronavirus outbreak.
The chairman of Maruti said that “It was shelved last year due to COVID. Now it is being reviewed again. But we have an additional problem to solve. Haryana’s local job reservation policy, which we are looking at.” Bhargava further said that the company is concerned about this and is talking to the state government and asking them to find a solution so that everyone can be happy.
He said that the issue has already been raised by top industry bodies including CII. “This (the 75% reservation for locals) is not a move that will promote investment or competition. The entire industry feels the same way and has spoken about it. Talks are going on with the state government.”
The company has decided to shift its Gurugram plant spread over 300 acres in view of the space constraints. Since the campus is located in the vicinity of residential areas, the local people face a lot of difficulties due to the movement of trucks. It is believed that the company has also been approached by some other states for big investment. But Maruti is keen to invest in Haryana.
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