Politics
Rs 35,000 crore investment linked to Maruti plant during Japanese PM’s visit
Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi are expected to inaugurate Maruti Suzuki India’s new manufacturing plant at Haryana’s Kharkhoda on Wednesday, marking one of the biggest investments in the Indian automobile sector in recent years, marking another milestone in the Indo-Japan economic partnership.
The inauguration coincides with the India-Japan Economic Forum, attended by more than 150 Japanese companies as the two countries seek to deepen cooperation in manufacturing, semiconductors, artificial intelligence, clean energy and mobility.
Ahead of the summit, Japan’s Deputy Chief Cabinet Secretary Masanao Ozaki said in a message on X that he hoped the visit would lead to “a concrete and remarkable development in economic relations between Japan and India.”
Citing Japanese daily Yomiuri Shimbun, Ozaki said about 120 cooperation initiatives worth nearly 2 trillion yen (about $12.5 billion) are expected to be announced during the visit, highlighting India’s growing importance as a destination for Japanese investment.
MARUTI’S FOURTH MANUFACTURING PLANT IN INDIA
The Kharkhoda plant is Maruti Suzuki’s fourth manufacturing plant in India after Gurugram, Manesar and Gujarat.
Currently, two manufacturing units of the plant are operational with a combined installed production capacity of 5 lakh vehicles per annum. The company plans to gradually expand the factory’s production capacity to 10 lakh vehicles per year.
Spread over nearly 800 acres, the facility includes an integrated supplier park aimed at strengthening the manufacturing ecosystem and improving operational efficiencies.
Maruti Suzuki has earmarked a total investment of Rs 35,000 crore for India.
The fully developed Kharkhoda manufacturing complex, which is expected to create over 21,000 direct jobs, in addition to generating significant employment through ancillary industries, logistics providers and component manufacturers.
A PLANT BUILT FOR THE FUTURE
The Kharkhoda facility has been designed around the company’s ‘Suzuki Smart Factory’ concept and incorporates Industry 5.0-enabled manufacturing technologies.
The factory will use AI-powered, human-aware collaborative robots, or cobots, to improve manufacturing precision, productivity and workplace safety.
Sustainability was also integrated into the project. The facility will run on 100% renewable electricity, feature 100% water recycling and operate as a manufacturing unit with no liquid discharge.
Maruti Suzuki also plans to commission a biogas plant in FY 2026-27, develop an in-house solar power plant with a capacity of up to 70 MW as production increases, and construct a railway siding at the plant to support greener logistics.
According to the company, the Kharkhoda project is a key milestone in its ‘Make in India, Make for the World’ strategy and an important step in expanding its manufacturing capabilities in the country.
Maruti Suzuki remains the largest passenger vehicle manufacturer in India, accounting for almost half of all passenger vehicle sales in the country.
The expansion of its manufacturing footprint comes as India positions itself as a global automotive manufacturing hub while Japanese companies continue to increase investments across multiple sectors.
The inauguration by Prime Minister Modi and Prime Minister Takaichi not only marks the opening of another manufacturing facility, but also highlights the growing strategic and economic partnership between India and Japan, with manufacturing remaining at the core of bilateral cooperation.
– Ends
|
Sources 2/ https://www.indiatoday.in/business/story/maruti-suzuki-kharkhoda-plant-narendra-modi-japan-pm-takaichi-launch-rs-35000-crore-haryana-facility-2938802-2026-07-02 The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
 |
 |
 |