186.35 (1.31%) In a bid reduce its logistic costs, Maruti Suzuki India is planning to transport vehicles through inland waterways. In this regard, the company has inked a Memorandum of Understanding (MoU) with Inland Waterways Authority of India (IWAI).
IWAI has deployed one vessel at Varanasi for this purpose and has planned the transportation of cars from Varanasi to Kolkata on National Waterway-1 on the river Ganga. Water transportation cost is barely 50 paise a km in comparison to Rs 1 by railways and Rs 1.5 per km through roads.
Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.