Maruti targets to achieve production mark of 1 crore cars in next 6-7 years

Monday 14 March 2011, 00:00 AM by Vikas Yogi

The country’s largest car maker Maruti Suzuki is aiming to achieve a production figure of one crore vehicles in coming 6 to 7 years. The company is gearing up to set-up two new manufacturing plants in next two years to reach this goal.

In a recent statement given by Maruti Suzuki India (MSI) Chairman R C Bhargava to PTI, "We are setting up two new plants at Manesar. The way the market is moving, the next one crore production mark will happen much faster, say in the next 6-7 years. It looks that by 2017-18, we will achieve it."

Maruti Suzuki, which had started its India operations about 27 years ago by rolling out a Maruti 800 from its Gurgaon plant, is expected to achieve the milestone of manufacturing the first one crore cars in India next few years.

At present, Maruti Suzuki has a total annual manufacturing capacity of 12 lakh units, comprising capacity of producing 8.5 lakh units at Gurgaon plant and 3.5 lakh units at the Manesar plant. The company has recently ramped-up its production by about 10 percent to 1.1 lakh units per month. It is expected to take its total annual production figure to 14 lakh units in the next financial year.

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