Maruti Suzuki raises capex to Rs 5,500 crore this fiscal - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Maruti Suzuki raises capex to Rs 5,500 crore this fiscal

The capex guidance is Rs 1,000 crore higher than the earlier guided capex of Rs 4,500 crore at the beginning of the fiscal. The company plans to spend Rs 3,000 crore in the ongoing last quarter of the fiscal alone, almost twice the capex last year, said people aware of the matter.

from Industry-Economic Times
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