Haryana approves Rs 2,000-cr Suzuki unit
The Haryana Government on Friday gave a go ahead to Japanese auto major Suzuki Motorcycle India Pvt Ltd, a subsidiary of Suzuki Motor Corporation of Japan to set up its second unit in Haryana for manufacturing two-wheelers at Industrial Model Township (IMT) at Rohtak.Updated: Mar 23, 2012 21:48 IST
The Haryana Government on Friday gave a go ahead to Japanese auto major Suzuki Motorcycle India Pvt Ltd, a subsidiary of Suzuki Motor Corporation of Japan to set up its second unit in Haryana for manufacturing two-wheelers at Industrial Model Township (IMT) at Rohtak.
A decision to this effect was taken at a meeting between Haryana and Suzuki representatives at Chandigarh on Friday.
Chief minister, Bhupinder Singh Hooda presided over the meeting which was also attended by industries minister, Randeep Singh Surjewala; managing director, Maruti Suzuki, S Nakanishi Suzuki Motorcycles representative, Hashimoto, principal secretary to chief minister, Chhatar Singh; financial commissioner and principal secretary, industries and commerce, YS Malik and managing director of Haryana state industrial and infrastructure development corporation, Rajeev Arora.
The chief minister asked Nakanishi to commence production at the earliest possible. Managing Director of HSIIDC, Rajeev Arora, said that the new manufacturing unit of motorcycles would be spread over an area of 50 acres. Maruti Suzuki is also setting up a project of state-of-the-art Research and Development facilities with a world-class test course at IMT Rohtak, over an area of 600 acres.
It would provide employment to 4000 persons. This project is also likely to generate indirect employment opportunities in the nearby region in terms of vendor manpower, logistics providers and service industries. Arora said that Maruti Suzuki Group has already made investments of Rs. 12,000 crore during the last about seven years and investment of about Rs 6,000 crore is in pipeline.
Financial commissioner and principal secretary industries, YS Malik said that Suzuki will do the manufacturing project in three phases. “About 5 lakh two wheelers will be manufactured in first two phases while 10 lakh two-wheelers will be manufactured in the third phase. The total investment is estimated to be about Rs 1800 crore. The scheduled completion of phase –1 will be in third quarter of 2014, that of phase-2 in 2016 and phase 3 in 2019,’’ Malik said.
Suzuki Motorcycle India Private Limited, a subsidiary company of Suzuki Motor Corporation of Japan has existing manufacturing facilities for two-wheelers at Kherki Dhaula, Gurgaon. Haryana has emerged as a hub of motorcycles as Suzuki will be the fourth major manufacturer of motorcycles in Haryana. The other three such manufacturers are Hero Motocorp, Honda and Harley Davidson.
First Published: Mar 23, 2012 19:58 IST