Maruti Suzuki India Ltd.

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Large Cap | Automobiles - Passenger Cars
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Maruti Suzuki plans Rs 6,000-crore medium term investment

Date: 22-08-2011

Maruti Suzuki is planning a medium term invement of Rs 6,000 crore, part of which will be utilised to build five vehicle stock yards in the country within one to two years. India's largest carmaker opened its first stock yard with a capacity to park 2,000 units in Bangalore, which became operational recentlyThe second yard would come up in Nagpur, while the locations for the rest are yet to be decided. 

Of the Rs 6,000-crore investment, Rs 1,800 was spent on the second manufacturing unit of the company at Manesar, near Delhi, which would be ready soon.  The third unit, which will also come up at Manesar, will attract an investment of Rs 1,900 crore. Remaining funds would be utilised on a R&D facility at Rohtak (Haryana), stock yards and brand centres. crackcrack