Maruti Suzuki, the country’s largest car maker wants to…..well…eat up the competition now! They are already the largest sellers in India and by far and with a new plant they want to become invincibles!
Their parent company has conducted the foundation laying ceremony of their upcoming assembly lines at Hansalpur in Gujarat.
The Suzuki group will be manufacturing cars under its command and then supplying them to their Indian arm, Maruti Suzuki. The plan is to set up three plants which will lead to a total capacity addition of 7,50,000 vehicles. The first of these will be operational by mid-2017 and is the result of an investment of around Rs 3,000 crores. This plant will produce 2,50,000 units per year, helping the company reach their target of 2 million units a year.
The Japanese auto major intends to manufacture more cars in India, which is their biggest market and also increase their exports to other countries. The updated WagonR is going to be one of the most important models set to be manufactured from the new Hansalpur plant, both the normal as well the upcoming 7 seater MPV variant.
Spread over an area of 640 acres, the plant is a part of the Make in India campaign which intends to make India a major manufacturing hub and the occasion saw the presence of Gujarat’s Chief Minister Anandiben Patel at the ceremony. The plant will also have a dedicated supplier’s park to speed up the manufacturing process.