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The country's top carmaker, Maruti Suzuki India Ltd, will likely invest more than $5.5 billion to double its production capacity to four million vehicles a year by the end of 2030 told sources.
In another news, the country's largest automaker sees its share of ad spending on digital stabilising at the current levels of being about a third of the overall pie, a senior official said on Tuesday.
The share of digital has grown to 30-32 per cent of the overall spending now, Maruti Suzuki India Executive Director for Marketing Ram Suresh Akella told sources on the sidelines of an event hosted by social media giant Meta in Mumbai.
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