Maruti Suzuki India Ltd.

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Large Cap | Automobiles - Passenger Cars
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WBIDC agrees to grant 40 acres land to Maruti Suzuki for setting up stockyard

Date: 26-09-2012

Country’s largest car maker, Maruti Suzuki, will soon be setting up a stockyard at Panagarh Industrial Park, about 150 km from Kolkata as the West Bengal Industrial Development Corporation (WBIDC) has agreed to grant 40 acres of land to the company. WBIDC has sent the proposal to the Industries Ministry for approval. The stockyard will help the company to increase the distribution efficiency significantly thereby reducing the time-frame in vehicle delivery.

The company had proposed for two stockyards in West Bengal, one in Siliguri and another in Panagarh. The Panagarh project is expected to stock a maximum 2,500 cars at a time and will cater to the eastern zone, comprising Bihar, West Bengal, Jharkhand, Orissa, and Chhattisgarh. The proposed Siliguri stockyard will service the north-eastern region.

To enhance its marketing and distribution efficiency, the country's largest car maker is in the process of setting up stockyards across India; the first one was set up in Bangalore in 2011.