Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
16179.75
323.20 (2.04%)
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Maruti Suzuki to develop vendor park at Mehsana, Gujarat

Date: 14-04-2012

Maruti Suzuki India, country’s largest vehicle maker is eyeing to develop a vendor park for its proposed greenfield manufacturing facility at Mehsana in Gujarat. The company is expecting to sign an agreement with the Gujarat government by June for the same.

In view of the infrastructure congestion at Gurgaon where Maruti Suzuki had set up its first plant, the company had expressed its intention to set up a new plant in Gujarat. The first phase of the plant would come up on 600 acres of land provided by the Gujarat government. The second phase would come up on another 600 acres to be purchased by the company.

Recently, the passenger car leader had forayed into Utility Vehicle segment by launching the industry’s first life utility vehicle ‘Ertiga’. The product portfolio of the market leader would be strengthened by Ertiga and it also creates an all new life utility segment at an attractive price point.