Zebra
Senior Member
- Joined
- Mar 18, 2011
- Messages
- 6,060
- Likes
- 2,303
Maruti Suzuki to invest $1.3 billion in new plant: Chairman RC Bhargava
ET Bureau & Agencies Sep 21, 2011, 01.18pm IST
NEW DELHI: Maruti Suzuki, India's largest car maker, will invest nearly $1.3 billion to set up a new plant, likely in the western Gujarat state, its chairman said on Wednesday.
Global automakers are flocking to the business-friendly Gujarat state recently, with Ford Motor and PSA Peugeot Citroen both announcing investment plans in the state in the past few months.
"On one plant for a million capacity, which will be set up over a number of years, the investment will be close to $1.3 billion," R.C. Bhargava said by phone.
Maruti Suzuki to invest $1.3 billion in new plant: Chairman RC Bhargava - Economic Times
:welcome:
ET Bureau & Agencies Sep 21, 2011, 01.18pm IST
NEW DELHI: Maruti Suzuki, India's largest car maker, will invest nearly $1.3 billion to set up a new plant, likely in the western Gujarat state, its chairman said on Wednesday.
Global automakers are flocking to the business-friendly Gujarat state recently, with Ford Motor and PSA Peugeot Citroen both announcing investment plans in the state in the past few months.
"On one plant for a million capacity, which will be set up over a number of years, the investment will be close to $1.3 billion," R.C. Bhargava said by phone.
Maruti Suzuki to invest $1.3 billion in new plant: Chairman RC Bhargava - Economic Times
:welcome: