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Maruti Suzuki India (MSIL) plans to spend about Rs 1.25 trillion on capital expenditure (capex) between FY24 and FY31, the company said on Monday. This is significantly higher than its capex spend of Rs 27,538 crore in the last eight years from FY16 to FY23, a Business Standard analysis showed.
India’s biggest carmaker said it will spend around Rs 45,000 crore to expand production capacity by 2 million units in…
