Maruti Suzuki India to lift production capacity at Manesar plant
Thu. September 03, 2009; Posted: 01:09 AM
NEW DELHI, Sept 3, 2009 (Asia In Focus via COMTEX) --
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PowerRating -- MARUTI SUZUKI INDIA (BSE:
532500), the country's largest carmaker, on Wednesday said 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 R C
Bhargava told reporters on the sidelines of the company's
Annual General Meeting here.
* The company would decide on increasing the capacity and
investment needed for the same in presence of its parent SUZUKI
MOTOR CORPORATION's (TSE: 7203) Chairman Osamu Suzuki, who has
come to India to attend the AGM.
* Last week, Bhargava said 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.
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