Maruti Suzuki to build its third manufacturing plant in Haryana | Project cost and job opportunities

Maruti Suzuki is establishing a brand new plant in Haryana, the state's third after Gurugram and Manesar. According to the manufacturer, the projected manufacturing plant can generate up to 2.5 lakh automobiles per year.

Maruti's third facility, according to Haryana Chief Minister Manohar Lal, is a great accomplishment for the state. According to him, Haryana is one of the most popular investment destinations in the world.

Suzuki Motorcycle India Private Limited (SMIPL) has also purchased land for the purpose of establishing an integrated manufacturing facility for two-wheelers, which would include engines.

HARYANA'S MARUTI PLANT

1.Maruti Suzuki India Limited (MSIL) has bought 800 acres of land at IMT Kharkhoda for its new automobile assembly site. The project's final cost is expected to be Rs 18,000 crore.

2.It has the capacity to employ 11,000 people, including skilled, unskilled, and semi-skilled workers.

3.In addition to MSIL, Suzuki Motorcycle India Private Limited (SMIPL) has purchased a 100-acre land lot for the purpose of establishing an integrated two-wheeler manufacturing complex, including engines.

4.The total project cost is anticipated to be Rs 1,466 crore, with 2,000 skilled, unskilled, and semi-skilled workers potentially employed.

The Haryana government said in a statement that Maruti Suzuki India Limited (MSIL)/ Suzuki Motorcycle India Private Limited (SMIPL) and Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) are set to sign an agreement on May 19 for the allotment of 800-acre and 100-acre land at IMT Kharkhoda, respectively.

"The site's manufacturing facility will be capable of producing 250,000 vehicles per year. By 2025, it is scheduled to be operational. The land site will allow for future capacity development and the addition of new production units "According to a Maruti Suzuki spokeswoman.

Maruti has steadily grown its industrial footprint in Haryana, including a production facility in Manesar and a state-of-the-art R&D centre in Rohtak, since opening its first car plant in Gurugram in 1983.

Gurugram and Manesar, both in Haryana, produce approximately 15.5 lakh units each year. Today, the Gurugram-Manesar-Bawal belt is known as North India's Auto Hub.

TOWNSHIP INDUSTRIAL MODEL

The Industrial Model Township (IMT) at Kharkhoda, where Maruti will build its plant, is an integrated industrial township with world-class infrastructure that is being developed over a 3,217-acre site.

It is strategically placed adjacent to the western peripheral (Kundli-Manesar-Palwal) Expressway and SH-18 on the Delhi-Haryana border.

The NCR canal and the electricity utilities provide ample water and power to the IMT. Direct connections are available to Delhi, Bahadurgarh, Gurgaon, and Sonipat.

"India is doing well in the ease-of-doing-business and ease-of-living indexes, with Haryana leading the way in both categories. Haryana is a popular investment destination for international investors. Maruti had a significant part in the development of the automobile industry and the state's overall progress "According to the Chief Minister.

According to the Chief Minister, "This will provide the automobile industry a major boost, as well as encourage international businesses in other industries to locate their headquarters and production operations in Haryana. Additionally, new employment opportunities for the state's youth will be generated."

"Haryana has been a magnet for industry because of its enabling policies, superb infrastructure, ease of doing business, friendly business environment, and incentive structure. Haryana has been working to create industrial regions along GT Roads, and its proximity to Delhi and other states has made it a more attractive location for industrial developments, with dozens of industrial sites spread over numerous districts "CM Khattar stated this.