Wednesday, May 13, 2026

Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boom

While Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor India has budgeted for an all-time high capex of Rs 7,500 crore for introducing two new SUVs and ramp up production at its new facility in Talegaon (Maharashtra).

from Auto-Industry-Economic Times https://ift.tt/cS3u0tK

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