-287.50 (-1.78%) Maruti Suzuki India, the country's largest car maker has projected that its annual production capacity would touch 17.50 lakh units in the next two years. The company is projecting the figures on back of the third plant (Plant C) becoming operational in two years.
The three plants at Gurgaon and first plant (Plant A) at Manesar were having a capacity of 13 lakh capacity per annum. Once second plant (Plant B) becomes operational in four or five months, the annual capacity would rise to 15.50 lakh units per annum. Plant B was being made at an investment of Rs 1700 crore.
Recently, Maruti Suzuki India’s production of its K-series engine had surpassed the 10 lakh unit mark within three years of starting the output. This celebrated, responsive and fuel efficient K-series engine are used by company in its bestsellers such as WagonR, Swift, Estilo and Alto-K10.