Indian automakers plan ₹40,000 crore capex amid demand surge
pre-market1 source ↓written by the desknot a recommendation
- this fiscal year
- ₹40,000 crore
- for 500
- ₹14,000 crore
- for new SUVs
- ₹7,500 crore
- to enhance scooter
- ₹1,500 crore
Top Indian automakers, including Maruti Suzuki, Hyundai, M&M, Tata Motors, and Hero MotoCorp, are set to invest ₹40,000 crore this fiscal year to boost production capacity amid rising domestic demand. Maruti plans ₹14,000 crore for 500,000 cars, while Hyundai allocates ₹7,500 crore for new SUVs. Hero MotoCorp aims for ₹1,500 crore to enhance scooter production. ⚙️📈
Not investment advice. For informational purposes only.