Car market leader Maruti Suzuki India has increased its capex outlay to Rs 77,500 crore for five years till FY31 for capacity expansion, new models and R&D among others, its Managing Director and CEO Hisashi Takeuchi said on Monday.
Responding to a query from shareholders at the company’s annual general meeting, he also assured that Maruti Suzuki cars starting from production year 2008 are compatible with E20 fuel.
“Regarding the capex side for FY26-27, we have planned a 40 per cent jump in capex expenditure in a single year, from around Rs 10,000 crore last year to Rs 14,000 crore this year. Cumulatively, during FY26-27 to FY30-31, we have planned a capex of Rs 77,500 crore,” he said in response to a shareholder query.
Last year, Toshihiro Suzuki, Representative Director and President of Suzuki Motor Corporation — the parent of Maruti Suzuki India — had stated that the company would invest Rs 70,000 crore in the next five to six years in India to strengthen its …
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