Zigwheels Home

Maruti acquires 600-acre plot in Gujarat for new plant

Posted on 27 Dec 20123,796 Views Comments

New facility to boost production of existing plant

 


Maruti Suzuki Ertiga

 



Maruti Suzuki has recently acquired 600 acres of land in Gujarat, located about 40km away from its existing site near Mehsana. The new acquisition is in view of future expansion once the capacity of the first is exhausted

Maruti has no plans to move out of Haryana, but it expects a six to seven per cent growth in FY 2013-2014 and the Gujarat facilities will enable it to meet the rising demand. The company also plans to set up a new 700-acre manufacturing facility in Haryana.

The capacity in the first phase will be 2.5 lakh units a year. The forecast for the next financial year entails single-digit growth, no better than the current fiscal and exports are expected to be less than 1.27 lakh units earlier.

The company has been exporting about 40,000 completely built and completely knocked down units to Indonesia.

 

Also Read: Maruti Suzuki Ritz Automatic price announced

Post Your Comment

Do you like this story?

Volkswagen India launches smartphone app

by Team ZigWheels

With this app Volkswagen hopes to establish a...

Maruti Ciaz spotted during TVC shoot

by Punam Chavan

The Indian auto major gets Ranveer Singh onboard...

Maruti Ciaz First Look: Picture Gallery

by Team Zigwheels

Here's the first set of pictures we've...


 
SPECIAL COVERAGE

Hyundai Elite i20: Special Coverage

The premium hatchback segment is changing fast, and how? Not too long ago the VW Polo and Fiat...

Tata Zest: Special Coverage

The Zest is a new compact sedan from Tata Motors that will take on the Honda Amaze, Hyundai Xcent...

 

Read Next Story