2 days ago
Maruti Suzuki Raises Five-Year Capex to Rs 77,500 Crore
Maruti Suzuki plans to spend a lot of money over the next five years.
The company will use Rs 77,500 crore to build more capacity and develop new cars.
It will also spend on research, factories, sales facilities and cleaner operations.
The company says its yearly spending will rise from about Rs 10,000 crore to Rs 14,000 crore.
Hisashi Takeuchi said cars made from production year 2008 onward can use E20 fuel.
E20 fuel contains 20 per cent ethanol.
Maruti Suzuki also wants to make more electricity using solar power at its factories.
It plans to add biomass plants and buy more green electricity from solar and wind sources.
Maruti Suzuki plans to spend Rs 77,500 crore from FY26-27 through FY30-31.
Annual capex is expected to rise 40 per cent, from about Rs 10,000 crore to Rs 14,000 crore.
CEO Hisashi Takeuchi said vehicles produced from 2008 onward are compatible with E20 fuel.
The planned investment covers capacity expansion, new models, research, logistics and carbon-neutral measures.
Maruti Suzuki aims to increase in-house solar capacity to 211.3 megawatts by 2030-31.
- Who
- Maruti Suzuki India and its Managing Director and CEO Hisashi Takeuchi.
- What
- The company raised its planned five-year capital expenditure to Rs 77,500 crore and confirmed E20 compatibility for cars produced from 2008 onward.
- Where
- The investments concern Maruti Suzuki operations in India, including plants at Manesar, Kharkhoda and Sanand.
- When
- The announcement was made on Monday; the capex plan covers FY26-27 through FY30-31.
- Why
- The spending is intended for capacity expansion, new models, research and development, manufacturing measures, logistics, sales infrastructure and carbon-neutral initiatives.
Key facts
- Total planned capex
- Rs 77,500 crore from FY26-27 through FY30-31
- FY26-27 capex
- About Rs 14,000 crore, up 40 per cent from roughly Rs 10,000 crore
- E20 compatibility
- Maruti Suzuki said vehicles produced from 2008 onward are E20 compatible
- Solar capacity target
- 211.3 megawatts by 2030-31, compared with 79.1 megawatts in FY25-26
- Solar contribution
- In-house solar power is expected to cover almost 35 per cent of total electricity requirements
- Additional sustainability measures
- Biomass plants are planned at Manesar, Kharkhoda and Sanand
Quotes
Hisashi Takeuchi
Managing Director and CEO of Maruti Suzuki India
“Actually, we have improved our compatibility with ethanol from the production year 2008. So after 2008, all of our products are E20 compatible.”
NDTV
“The remaining portion we are going to buy green electricity mainly by solar and wind power for our plant operations.”
NDTV
Sources
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