MSIL has achieved a significant milestone, becoming the first company to deliver 2 million vehicles in a calendar year. Approximately, 60% of these vehicles were manufactured at its Haryana facilities, while the remaining 40% were produced in Gujarat. The top five models that were manufactured in the lines for 2024 included Baleno, Fronx, Ertiga, WagonR, and Brezza. A landmark vehicle rolled out for the 2 millionth car, which was Ertiga from MSIL’s Manesar plant in Haryana. The total manufacturing plants that exist at present with MSIL are three in number. They are located at Gurgaon and Manesar within Haryana, and also one at Hansalpur, Gujarat. These have a production capacity of 2.35 million units per annum.
Despite a lukewarm market for the automobile industry, sales in April-November 2024 have gone up only 2% over last year for the same period. According to SIAM, domestic sales of passenger vehicles were around 2.7 million units in the said period, the same as last year.
Going ahead into the future, Maruti Suzuki is also planning for increased capacity at its plants. The company also wants to double its annual output to 4 million units by FY31. Towards this end, MSIL is currently building a greenfield facility at Kharkhoda in Haryana. This new facility is set to commence in its initial phase in 2025, and will add 250,000 units to its capacity in total. Once the Kharkhoda plant is fully operational, the total capacity will be 1 million units annually. Maruti Suzuki is also planning another greenfield facility with an expected capacity of 1 million units and is considering the location currently.
Heishi Takeuchi, Managing Director and CEO of Maruti Suzuki India Ltd, proudly highlights this achievement. The 2 million milestone underscores the company’s commitment to the “Make in India” initiative. He further stated, “This accomplishment demonstrates what India is capable of producing and serves as a testament to the country’s potential to achieve even greater success.”