-294.40 (-1.87%) In a bid to set up its regional office, country’s largest car maker Maruti Suzuki India has entered into an agreement with RPG Life Sciences to acquire a land parcel in Mumbai.
The land parcel of 14,148.90 sq metre out of total land of 48,632 sq metre is situated at Trans-Thane Creek Industrial Area in Navi Mumbai. The company, however, did not share financial details of the deal.
Maruti Suzuki India registered a surge of over 10% in its car sales for the month of March at 1.2 lakh units as against 1.09 lakh units in February 2013.