Tuesday, August 31, 2010

Maruti Suzuki plans to open new plant at Manesar

Maruti Suzuki, India's major auto market leader, is planning to open a new manufacturing plant at its Manesar facility in India. The new plant is believed to have a manufacturing capacity of 2.5 lakh units annually. The company may start the production of cars at the new Manesar plant from year 2012. As per to Industry reports, the setting-up of this new plant can entail an investment of Rs 1,700 crore to the company. Maruti Suzuki's total manufacturing capacity of around 10 lakh units of cars at its manufacturing plants in Gurgoan and Manesar.

Maruti Alto K10

According to a statement given by Mr Shinzo Nakanishi, Managing Director and CEO at Maruti Suzuki, the Indian car market is likely to double to five million units by 2015 and the it needs to be prepared to meet the growing demand in order to maintain its leadership position. The company sold a total of 2,82,488 units of its cars in the Indian market during the period of April-July, accounting for a market share of 47.68 per cent.

Maruti Ritz Genus

MSIL is currently selling some of the most popular cars including Maruti Alto, Maruti A-Star, Maruti Wagon R and Maruti Swift Dzire and Maruti Swift and Maruti Ritz in the Indian auto market. The company has recently launched three new upgraded versions such as Maruti Alto K10, A-Star AT and Maruti Ritz Genus.

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