Indian automobile manufacturer Maruti Suzuki, a subsidiary of Japan’s Suzuki Motor Corp., plans to infuse up to 14,000 crore rupees ($1.9 billion) in the next two years.
Maruti Suzuki is investing the funds to inaugurate nearly 12 new models, new technologies, and extend production facility at its Haryana and Gujarat plants.
The company will be launching 10 to 12 new cars in the next 18 to 24 months. Maruti Suzuki’s new products will include facelifts and all-new generations of the existing products.
The new models are expected to help Maruti Suzuki post better developments in the coming years.