Select Your City

for best experience

Be the first to read exclusive scoops and latest news, in your inbox!

  • Subscribe to weekly news digest

Maruti to start work on Gujarat plant next year

Friday, November 23, 2012 11:53 AM by
Maruti to start work on Gujarat plant next year

Maruti Suzuki has announced that the land acquisition process for its new Rs 4000 crore manufacturing plant at Hansalpur in Mehsana district of Gujarat has been completed. Speaking to the Hindu Businessline, Chief Operating Officer S Y Siddiqui confirmed that work on the plant will begin from next year. He added that when completed, the plant would have annual production capacity of 2.5 lakh units.   

The Indo-Japanese automaker also plans on setting up new stock yards and has confirmed Bengaluru, Nagpur, Ranchi and Siliguri as four locations for them. It is currently scouting for a fifth location and may choose Vishakhapatnam. Speaking on its performance, Siddiqui said that at present MSIL commands a 40 per cent share of the market and hopes to increase this number to 45 per cent by 2015-2016. 

Maruti’s decision to set up a new plant in Gujarat is likely to have stemmed from repeated labour problems and the July 18 riots at its Manesar plant. This is the first time that MSIL is moving out of Haryana since it began local operations in 1982. 

Source: Hindu Businessline

 

Tags: Maruti Suzuki,MSIL,SY Siddiqui,Hansalpur plant

Comments

Popular Videos

Launch Alert! Maruti Suzuki New Alto K10

A car that is small but is set to make some big...

127 Likes
40211 Views

Maruti Suzuki SX4 S-Cross | Ciaz Concept: First Look

Maruti Suzuki SX4 S-Cross | Ciaz Concept

...

159 Likes
189789 Views
  • Upcoming Cars

BMW i8 BMW i8

18 February 2015

155 - 220 lakhs

Hyundai Verna Facelift Hyundai Verna Facelift

16 February 2015

7.5 - 12 lakhs

Hyundai Elite i20 Crossover Hyundai Elite i20 Crossover

9 March 2015

6 - 11 lakhs

Maruti Suzuki Swift Dzire Facelift Maruti Suzuki Swift Dzire Facelift

February 2015

4.9 - 7.5 lakhs

Renault Lodgy Renault Lodgy

March 2015

10 - 15 lakhs

All Upcoming Cars

Ask the Experts

1800 2090 230

(Toll free)