Shares of Maruti Suzuki India Ltd jumped 1.5% to touch a day’s high of Rs 16,110 on 19th January. This rise came after the company said it is set to invest Rs 35,000 crore in developing a new manufacturing plant at Khoraj in Gujarat. This plant will have an annual production capacity of 10 lakh cars. Moreover, the facility is expected to generate employment for around 12,000 people.

The proposed Maruti Suzuki plant at Khoraj will come up on 1,750 acres allotted by the Gujarat Industrial Development Corporation (GIDC).

Managing Director Shriyut Hitachi Takeuchi handed over the investment letter to Gujarat Chief Minister Bhupendra Patel at an event in Gandhinagar. The event was attended by Deputy CM Harsh Sanghvi and Whole-Time Director Sunil Kakkar.

CM Patel said the Rs 35,000 crore investment will spur growth in ancillary units and MSMEs. As a result, it will strengthen Gujarat’s auto manufacturing ecosystem. He also highlighted the India-Japan partnership and Gujarat’s investor-friendly environment.

Deputy CM Sanghvi termed the investment a “proud moment for Gujarat”, saying it will create jobs and accelerate industrial growth.

Maruti Suzuki, which began operations in 1983, now has manufacturing facilities in Haryana and Gujarat. The company plans to scale total capacity to 4 million units per annum.

The company posted its highest-ever production in 2025 at 22.55 lakh units. Fronx, Baleno, Swift, Dzire, and Ertiga were the top-selling models.

At 12:07 PM, shares of Maruti Suzuki India were trading 1.38% higher at Rs 16,078 on NSE.

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