Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
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Maruti mulls 7th plant, aims to sell 3 mn units by 2016

Date: 18-04-2011

The country's largest car maker Maruti Suzuki India plans to set up a new plant, over and above the two new upcoming units in Manesar, as it aims to sell up to three million units every year by 2015-16.

At present MSI is setting up two new units inside its Manesar facility at a total investment of Rs 3,625 crore. While the existing plant in Manesar can produce 350,000 units a year, its three units in Gurgaon have a combined capacity of 850,000 units.  MSI's present overall capacity is 1.2 million units per year. Once the new units, currently being constructed at Manesar becomes operational by 2012-13, the company's total production capacity will go up to 1.7 million units annually.crackcrack