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The Economic Times
The Economic Times

Maruti Suzuki bets big on alternative fuel with Rs 561 crore CBG push; sees margin recovery ahead

Maruti Suzuki India is deepening its clean fuel strategy with plans to set up four compressed biogas (CBG) manufacturing projects, approving an investment of ₹561 crore in the first phase even as higher raw material costs weighed on its quarterly profitability.

The company's board on Friday approved the four projects and said it would consider expanding CBG manufacturing based on the experience from the first phase.

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