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    <title>Maruti Suzuki board approves Rs 4,960-cr proposal to acquire land for expanding capacity in Gujarat</title>
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    <description>The board approved Rs 4,960 crore for acquisition and development of land at Khoraj Industrial Estate from the Gujarat Industrial Development Corporation to enable a capacity addition of up to 1 million units; total project investment and installation phasing will be finalised by the board, and financing will combine internal accruals and external borrowings while existing capacity is fully utilised.</description>
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