APRIL 20268MARUTI SUZUKI UNVEILS RS 10,189 CR GUJARAT EXPANSION PLANCENTRE HAS SUFFICIENT STOCK OF PETROL AND DIESEL: GOVT ASSURESMaruti Suzuki India has announced a major 10,189 crore investment to expand its Gujarat plant expansion, underlining its focus on future growth and rising passenger vehicle demand in India.The company's board has approved the first phase of a new car manufacturing Gujarat facility at the Khoraj Industrial Estate. This phase will include setting up an additional assembly line with an annual vehicle production capacity of up to 2.5 lakh vehicles. The project is expected to be completed by 2029, depending on market conditions.This investment goes beyond just building a new plant. It also includes developing shared infrastructure and Sujata Sharma, Joint Secretary at the Ministry of Petroleum and Natural Gas, assured a steady stock flow across the country, stating that India's fuel supply remains stable despite recent panic LPG bookings. She said the Centre has "sufficient stock of petrol and diesel," easing concerns amid rising demand and recent panic bookings.Addressing an inter-ministerial briefing, Sujata noted, "Domestic production of LPG has been stepped up facilities that will support future expansion. This shows that Maruti Suzuki expansion plans are focused on long-term growth and scalability.Currently, the company operates several manufacturing plants across India, contributing significantly to automotive manufacturing India. Facilities in Gurugram, Manesar, Kharkhoda, and Gujarat together have a production capacity of around 24 lakh vehicles annually. With demand steadily increasing, much of this capacity is already being used, making expansion a necessary step in the automobile sector India.Maruti Suzuki continues to see strong demand for its popular models such as the Swift, Baleno, Dzire, and Ertiga. The broader India auto industry growth and export opportunities have pushed the company to further strengthen its production capabilities.The expansion will be funded through internal resources, reflecting the company's strong financial position. It also highlights the importance of Gujarat as a major hub for Maruti Suzuki new plant developments, supported by strong infrastructure, connectivity, and policy incentives.Overall, this move is aimed at improving efficiency, increasing production capacity, and ensuring that Maruti Suzuki can meet future demand both in India and overseas. in refineries." She added that "7,500 commercial and domestic PNG connections were accorded yesterday," highlighting ongoing efforts to strengthen energy access. While "some panic booking for LPG observed yesterday," she confirmed that there is "no dry out reported at any of the distributors." In addition, "7,000 tonnes of commercial LPG were lifted yesterday."The India fuel supply update also covered shipping and logistics. Rajesh Kumar Sinha, Special Secretary, Ministry of Ports, Shipping and Waterways, said, "With Jag Vasant and Pine Gas having crossed the Strait of Hormuz, there are twenty ships operating in the region." He added that "20 Indian-flagged vessels are currently in the Western Part of the Strait of Hormuz. Of these, 5 are loaded with LPG, cumulatively, carrying 2.32 lakh metric tonnes.""Jag Vasant and Pine Gas have safely crossed the Strait of Hormuz. Pine Gas is carrying 45,000 metric tonnes of LPG and is expected to reach New Mangalore Port early morning on March 27," he said. "The Jag Vasant is headed to the Kandla Port and is expected to reach on March 28."Rajesh further noted, "Another empty ballast vessel operating in the region would be loaded with LPG in the next 3-4 days." Meanwhile, Aseem Mahajan from the Ministry of External Affairs said, "85 flights are expected to operate from UAE to India." TOP STORIESTOP STORIESTOP STORIES
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