Maruti Suzuki India has raised its capital expenditure plan to Rs 77,500 crore through FY31, stepping up investments in capacity expansion, new model development and research and development as the country’s largest carmaker prepares for the next phase of growth.
Managing Director and CEO Hisashi Takeuchi told shareholders at the company's annual general meeting on Monday that the company has also sharply increased its near-term spending plans, with capex for FY26-27 set to rise 40% to Rs 14,000 crore from around Rs 10,000 crore in the previous year.
