Core Viewpoint - Suzuki Motor has approved plans for a new vehicle manufacturing plant in India through its subsidiary Maruti Suzuki India, aimed at enhancing production capacity and supporting growth in the Indian automobile market [1][3]. Group 1: New Manufacturing Plant - The new plant will be located in Sanand, Gujarat, covering approximately seven million square meters with an annual production capacity of one million vehicles [1]. - The total investment for land acquisition and associated costs is estimated at Rs49.6 billion ($549.48 million) [1]. - Maruti Suzuki will acquire the land from the Government of Gujarat [1]. Group 2: Strategic Importance - The decision follows a basic agreement with the State of Gujarat for the development of a second automobile manufacturing plant [2]. - Gujarat is recognized for its well-developed supply chain and infrastructure, making it a strategic location for both domestic production and vehicle exports [3]. - The investment aligns with the "Make in India" initiative, supporting anticipated growth in the automobile market and expanding vehicle exports [3]. Group 3: Existing Operations - Maruti Suzuki currently operates manufacturing facilities in Gurugram, Manesar, Hansalpur, and Kharkhoda, and the new Sanand plant will further enhance its manufacturing footprint in India [4]. - The company has also initiated the "Ollo Factory," an AI-based work analysis platform, as part of its Suzuki Smart Factory program [4].