Maruti pegs capex till FY31 at ₹1.3 lakh cr

Maruti Suzuki plans to invest around Rs 1.3 lakh crore in capital expenditure (capex) till 2030-31. The company aims to expand its product range from 17 to 28 models and increase production capacity to 40 lakh units per annum. The capex will be used to enhance existing plants, create new capacity, and develop new models with different fuel options.