Maruti to spend extra $1.75 bln on India expansion


NEW DELHI, Oct 29 (Reuters) - Maruti Suzuki , India's biggest car maker, will invest an additional 200 billion yen ($1.75 billion) in expanding its production facilities, Suzuki Motor Corp Chairman Osamu Suzuki said on Monday. Another 200 billion yen will be invested in marketing and research and development, he said. Earlier, Maruti, 54.2 percent owned by Suzuki , reported an expected 27 percent rise in quarterly net profit to 4.67 billion rupees ($119 million). Maruti has nearly half ...

Premium Content (PAID Subscription Required)

"Maruti to spend extra $1.75 bln on India expansion" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×