Friday, 19 August 2011

Maruti Suzuki: Gujarat a preferred location for expansion

Top carmaker Maruti Suzuki today said Gujarat is a preferred location for the company to set up its new manufacturing plant. 

"Gujarat shall be a preferred location to set up a manufacturing plant, but nothing has been finalised yet. We are still exploring the possibilities for our next plant and we have seen sites in Tamil Nadu and Haryana," Maruti Suzuki General Manager (West Zone) S N Burman told newspersons here. 

"We have been in talks with the Gujarat Government and other State Governments as well, but no final decision has been taken yet," he said.  Maruti's plant in Manesar (Haryana) can produce 3.5 lakh units annually. The carmaker's three facilities in Gurgaon have a combined annual capacity of 8.5 lakh units. 

Burman was here to unveil the new version of 'Swift', with an introductory ex-showroom price of Rs 4.43 lakh and Rs 5.29 lakh for petrol and diesel versions, respectively. 

Maruti Managing Director Shinzo Nakanishi and Chairman R C Bhargava had met Chief Minister Narendra Modi in May this year and explored possibilities of setting up a plant in Gujarat, which already houses Tata Motors' Nano plant.  The duo had expressed hope that plant location other formalities for Phase-I of the project will get completed in three months and the plant could go on stream in five years.  Through new 'Swift', the company aims to further strengthen its position in the premium hatchback segment. 

"So far we have got 50,000 bookings for Swift, of which 5,000 are from Gujarat. The booking trend reveals that 80 per cent is for diesel version and 20 for petrol against our expectation of 60 and 40 per cent in the two categories, respectively," Burman said.

Source : Economic Times


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