Identifying your location...

Are you from Mumbai?

YesNo

Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Maruti to start work on Gujarat plant next year

Venkat Desirazu, Nov 23 2012.
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
Show CommentsHide Comments
Ad

Popular Videos

Maruti Suzuki Vitara Brezza - XA Alpha

The Maruti Suzuki XA Alpha concept has just gon ...

704 Likes
575558 Views

Why the New Maruti Suzuki Ignis could be for you

Ignis - the car, Maruti Suzuki says, is made fo ...

3759 Likes
229918 Views
  • Upcoming Cars

Jeep CompassJeep Compass

31 July 2017

23L - ₹ 27L
Ferrari GTC4 LussoFerrari GTC4 Lusso

2 August 2017

4.30Cr - ₹ 4.70Cr
Tata NexonTata Nexon

October 2017

6.50L - ₹ 9L
Nissan X-Trail HybridNissan X-Trail Hybrid

August 2017

30L - ₹ 35L
Maruti Suzuki New SwiftMaruti Suzuki New Swift

February 2018

4.50L - ₹ 7.50L
All Upcoming Cars
Ask the experts1800 2090 230(8 AM - 9 PM)Toll free

Select your city to avail offers

Currently available only in