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VERIFIEDET Finance·positive
Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boom
AI Summary
- ·Automakers are planning a capital expenditure push of Rs 40,000 crore.
- ·Maruti Suzuki has allocated Rs 14,000 crore in FY27 for capacity expansion.
- ·Hyundai Motor India has budgeted Rs 7,500 crore for new SUVs and production ramp-up.