Maruti Suzuki signals next growth leg with Gujarat land buy

's board has approved spending ₹4,960 crore on land acquisition, development and other preparatory activities in Gujarat, positioning the company for a new phase of manufacturing expansion. The company said its current production footprint is running at full utilisation, indicating limited headroom to meet incremental demand without fresh capacity. Management indicated the proposed capacity addition could be up to 1 million units, with the board expected to finalise the installation plan and phasing in subsequent decisions. The expansion is being framed as a response to rising market demand, including export growth, and will be funded through a mix of internal accruals and external borrowings. Maruti Suzuki highlighted that existing capacity is around 24 lakh units per annum across Gurugram, Manesar, Kharkhoda and Hansalpur, with capability up to 26 lakh units per annum, including output from the erstwhile Suzuki Motor Gujarat entity that has been amalgamated into the company. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.