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Maruti Suzuki has no intention to reduce production despite slowdown

Monday, January 12, 2009 12:00 pm
By ShareGyan.com NewsDesk

Maruti Suzuki India (MSIL), automobile major has no plans to cut its production level; rather it is expected to carry on with its growth plan despite the challenging market conditions.
The company is setting up to boost its production capacity of its Manesar plant in Haryana to 3 lakh units by the end of this month from 1.7 lakh units in January 2007. It has already invested Rs 6,000 crore for the business growth.
Maruti has lately restarted small car exports to Europe after a gap of four years and aims to export 1.5 lakh cars in 2010-2011.

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