Maruti Suzuki India Ltd.

Maruti Suzuki India, the country’s largest carmaker is reportedly planning to set up a new manufacturing unit in Mehsana district of Gujarat with an annual capacity of 250,000 cars. The company has already acquired the land for the same and work is expected to start in 2013.

The company has also decided to establish five stockyards one each at Bangalore, Nagpur, Ranchi and Siliguri, while the site for the fifth one had not yet been chosen. With these initiatives, the company aims 45% market share and a sales volume of 1.8 million cars each year by 2015-16.