Mumbai, Jan. 12 -- The company's total existing production capacity stands at 24 lakh units per annum across its Gurugram, Manesar, Kharkhoda and Hansalpur, with an installed capacity to produce up to 26 lakh units per annum. This includes the units produced at erstwhile Suzuki Motor Gujarat which has been amalgamated with the Maruti Suzuki India.

The proposed capacity addition is up to 1 million units. The board has approved an outlay of Rs 4,960 crore towards land acquisition, development, and preparatory activities for the project.

Meanwhile, Indian Oil Corporation of India (IOCL) and Maruti Suzuki India signed a memorandum of understanding (MoU) to enhance customer convenience. Under this agreement, Maruti Suzuki service facilities ...