Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
15749.35
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Maruti Suzuki to reach full capacity by October 20

Date: 17-10-2012

Maruti Suzuki, country’s largest car maker’s Manesar plant is expected to reach full production by October 20, 2012, with the commencement of second shift operations. By December, it will also increase the workers strength at the plant by around 700 people to 4,500 employees. Other than that, 622 permanent workers of the plant have signed the three-year wage settlement agreement.

The entity will reach its full capacity of rolling out 1,600-1,700 units per day within 2-3 days at Manesar plant, where it currently producing its popular premium hatchback Swift, sedan DZiRE, A-Star and mid-sized sedan SX4. On July 18, violence broke out at the plant following an alleged scuffle between a worker and a supervisor. The company had declared a lockout at the plant on July 21 and lifted it on August 21.