Maruti Suzuki to enhance R&D for small cars
Japanese auto major Suzuki Motor Corporation has asked its Indian subsidiary, Maruti Suzuki India, to enhance its R&D for small cars in the country.Updated: Sep 02, 2008 11:27 IST
Japanese auto major Suzuki Motor Corporation has asked its Indian subsidiary -- Maruti Suzuki India -- to enhance its research and development (R&D) for small cars in the country.
Suzuki Motors has asked its Indian subsidiary to take care of 90 per cent of its R&D for small engines in India itself.
"Engines below 1,200 cc get excise benefit from the government of India and currently 60-70 per cent of R&D for these engines takes place in Japan. Now Osamu Suzuki wants 90 per cent of the R&D to be done in India," Maruti Suzuki India Chairman R C Bhargava said.
Addressing the company's shareholders here today, Bhargava said that Suzuki Motor Corporation Chairman Osamu Suzuki has told the board of Maruti Suzuki to enhance the level of R&D of small engines up to 1,200 cc.
"It is important that Maruti develops these engines in India with help from Japan," he added.