Maruti Suzuki plans expansion in Gujarat by 2020, to add 750,000 units
This will take Maruti Suzuki India's total production capacity to over 2.25 million units each year Companies News : The country's largest car maker Maruti Suzuki India (MSI) plans to add another 750,000 units manufacturing capacity from three production lines in Gujarat plant by 2020, taking the total capacity to over 2.25 million units a year, a top company official said today. The company, which already has a market share of over 50 per cent in the domestic passenger vehicle segment, is also initiating process to study ways to further expand production capacity beyond 2.25 million units per annum after 2020. The first assembly line of Suzuki-owned Hansalpur (Gujarat) plant has already started rolling out products. It has a production capacity of 250,000 units per annum. The second production line with similar 250,000 production capacity, is expected to be complete by this year-end, MSI Managing Director and CEO Kenichi Ayukawa said. After that we ...