Buy cars, Sell Cars, Used cars, New Cars

Welcome, Guest! | My Account | Login

 
Title of Form
 
You are here: Home  > Vehicle News & Reviews > News Articles > Maruti Set to Expand in India

Maruti Set to Expand in India

25 January, 2010, 10:10 IST by Payal Pathak

Maruti Suzuki is planning a massive expansion in India starting from revamping its Manersar plant. It intends to ramp up its manufacturing capacity at its Manesar plant to 1.3 million units in next two years. The company has already received an approval from its Board to expand its capacity. Presently, Maruti has a capacity of manufacturing a million units at its plant.

Maruti will be investing $215 million to ramp up its Manesar unit and will also shift some of its manufacturing capacity from its Gurgaon unit. The new additional capacity will commence production from 2012, said official release from the company.

Maruti currently hold more than 50 percent market share but now faces fierce competition from other auto brands who are set to break up the market with new entrants like Toyota Etios, Chevrolet Beat, Honda Small Car, Nissan Micra, Volkswagen Polo, etc.

Always up to date with the latest Auto News from India?
Fill in your email address and click go to get it delivered to you!

Comments on this article


There are currently no comments for this article.
Why don't you make one?

 
Post your comments here
Name:
Email:
Comments
  I want to upload picture(s) with my comment (optional)
Security Check
  Please type above code in the below box.
Click here if you cannot understand above code.
Code
 

Related News Articles

Cars:
Bikes:

 



© 2006 - 2011 CarTrade.com   Privacy Policy | Terms & Conditions | Give Feedback/Report Bug | Careers