Maruti Plans to Step Up its Expansion Plans in Europe

author image Satish
Thursday 27 November 2008, 00:00 AM

India’s largest passenger car manufacturer and the second largest exporter from India, Maruti Suzuki India Limited, is planning to drive up its presence in Europe. The company aims to export nearly 2 lakh cars by 2010-11. it will start is its exports from its new upcoming dedicated car terminal at Mundra port. The latest model from Maruti, A-Star, will be the first consignment that will be shipped through this new port facility.

"Maruti will be able to park some 30,000 cars at the terminal which will be spread over 35 acres. We have inked a 20-year lease agreement with Mundra Port & Special Economic Zone Ltd for the terminal. We will have a dedicated jetty for exporting our cars. The terminal will be ready by mid-December and the first shipment comprising the A-Star is slated to take place in January. This terminal will only deal with cars meant for European markets," said MM Singh, Managing Executive Officer (Production).

Maruti’s major markets in Europe are France, Netherlands, Hungary, Italy and the UK. The company also plans to double its exports of its existing models across the world.

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