Maruti Suzuki India lines up Rs 5,000 crore capex for current fiscal
16th May 2022

Maruti Suzuki India has lined up Rs 5,000 crore capex for various initiatives, including new product launches, for the current financial year. The company, which had earmarked around Rs 4,500 crore in FY22, also believes that parent Suzuki Motor Corp's investment in Gujarat would help in expanding its battery electric vehicles (BEV) range in the country. It would manage the capex through internal accruals.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.