Maruti mulls capacity expansion at Manesar; decision in 2 days
The country's largest carmaker, Maruti Suzuki India today said that it is considering increasing the production capacity at its Manesar facility, and a decision on this is likely in a day or two.autos Updated: Sep 02, 2009 16:24 IST
The country's largest carmaker, Maruti Suzuki India on Wednesday said that it is considering increasing the production capacity at its Manesar facility, and a decision on this is likely in a day or two.
"We are considering a capacity expansion at our Manesar plant... The decision on capacity expansion will be taken in one or two days," Maruti Suzuki India (MSI) Chairman RC Bhargava said that on the sidelines of the company's Annual General Meeting in New Delhi.
The company would decide on increasing the capacity and investment needed for the same in presence of its parent
Suzuki Motor Corporation's Chairman Osamu Suzuki, who has come to India to attend the AGM.
Last week, Bhargava said that the company would have discussions with Suzuki on a range of issues such as further
investment in the country, ramping up production capacity and handling the European export market.
The Manesar facility of the company, which manufactures A-Star, SX4, Swift and Swift DZiRE, has a capacity of three
lakh units a year and last month crossed five lakh units mark in production within 35 months of its commercial operations.
MSI also has a diesel engine plant, located inside the Manesar facility, that produces 2.4 lakh units a year.
Speaking in the AGM, Bhargava said: "The worldwide recession which started in 2008 has taught us many lessons and
also confirmed the validity of our strategies... we have weathered the recession much better than others."