Maruti Suzuki India Limited (MSIL) has unveiled a major renewable energy push, announcing an investment of over ₹925 crore by FY2030-31 to scale its solar energy capacity to 319MWp.
This strategic expansion includes recent additions of 30MWp — with 20MWp at its Kharkhoda plant in Haryana and a 10MWp boost at the Manesar facility — bringing the company’s total solar capacity from 49MWp to 79MWp over the past year.
The move aligns with Suzuki Motor Corporation’s “Environment Vision 2050” and the Indian government’s clean energy agenda. Maruti Suzuki Managing Director & CEO Hisashi Takeuchi emphasized the company’s dual focus on production and sustainability, stating that as MSIL targets a 4 million annual production milestone, it also aims to power this growth sustainably.
“Our goal is to meet nearly 85% of our electricity needs from renewable sources by FY2030-31,” Takeuchi said, highlighting partnerships with state electricity boards to further green energy procurement.
Following the announcement, MSIL shares rose 0.90% to ₹12,236.85 on the BSE in early trading.
The automaker also reiterated its commitment to eco-friendly manufacturing across all its facilities.