392.55 (2.73%) Maruti Suzuki India is reportedly planning to invest Rs 1000 crore on land acquisition this year. The properties - mostly in prime locations - will be offered to dealers to set up showrooms. This will allow the company to save them from large fixed costs and fluctuations in rent, while earning itself some extra income.
Maruti Suzuki India 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. The company has reported 16.80% rise in its production to 151,262 units in May 2017 as compared to 129,509 units in May 2016.