Maruti Suzuki India (MSI) has set aside 5,000 crore in capital expenditure for different projects, including new vehicle launches, for the current financial year, according to a senior corporate executive,
Suzuki Motor Corp‘s investment in Gujarat, according to the country’s top carmaker, would help it extend its battery electric vehicle (BEV) line in the country.
“Capex of ₹5,000 crore is something that we have committed for this fiscal on various projects, including, the new model launches etc,” MSI CFO Ajay Seth said in an analyst call.
