Maruti Suzuki plans to invest up to Rs 18,000 crore for a new factory in Haryana to top a million units annually, said R C Bhargava, the company’s chairman, adding that Maruti Suzuki had “sort out” cares about the state’s policy to reserve jobs in the private sector. The proposed unit may be increased over 700-1,000 acres and would replace the company’s first factory in Gurugram.
“We have a plan to invest Rs 17,000-18,000 crore. The total capacity that we are planning is between 7.5 lakh and 10 lakh cars per annum. This is the scale that we are looking at,” Bhargava said. Bhargava said that Haryana’s policy announced last year to maintain 75 per cent of jobs was “an additional issue to sort out”. “We are concerned about it. We are talking to them, asking the state government to work out a solution, which can make everyone happy.”
The Confederation of Indian Industry (CII), in March 2020, asked Haryana to review the policy that came into force legally. The assembly transferred the Haryana State Employment of Local Candidates Bill in 2019, mandating 75 per cent reservation for local people in private sector jobs, where the salary is less than Rs 50,000 a month. This rule is relevant for 10 years and tries to address rising unemployment in the state.