Suzuki to hold 51 pct of Indian two-wheeler unit

Newswire

NEW DELHI, Sept 23 (Reuters) - Japan's Suzuki Motor Corp. will begin making two-wheelers in India by the end of 2005 through a new joint venture in which it will have a 51 percent stake, the chairman of partner Maruti said on Thursday. "The new plant will have a capacity of 250,000 units per year. There will be one scooter and one motorcycle model," Maruti Udyog Ltd. Chairman Shinzo Nakanishi told reporters at a news conference after Maruti's board meeting.

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