Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
15769.10
-112.00 (-0.71%)
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Maruti Suzuki starts setting up second facility in Gujarat

Date: 24-12-2012

Maruti Suzuki India, in addition to its Rs 4,000 crore plan for setting up a plant in the Gujarat, has started groundwork to set up its second facility in Gujarat after acquiring another 600 acres of land in the state which located about 40 km from the first site near Mehsana.

The company is expecting to garner a revenue growth of about 6-7% in 2013-14. Moreover, the country’s largest car maker will remain in the small car manufacturing segment.

Recently, the company introduced a special limited edition of ‘Alto K10 Knightracer’ in New Delhi that adds to the Alto K10’s appeal with an enhanced style quotient.