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Maruti chalks out capex plan

Tuesday, 27 Apr 2010
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Maruti Suzuki India has chalked out an investment plan of Rs 6,000 crore to be implemented by March 2012.

Of the total capex, Rs 2,800 crore is to be utilised in the current fiscal and Rs 3,000 crore in the next.

The capacity expansion at it's Manesar plant by another 2,50,000 units will be completed by 2012 The de-bottlenecking at Gurgaon, Haryana, is likely to add 90,000 units with an investment of Rs 140 crore.

Meanwhile, the company has increased production of the Swift to more than 12,000 units per month so that the waiting period is down from 7-8 months earlier to about three months now. For Eeco, production capacity has been more than doubled.

Also See:

Maruti Suzuki mulls capacity expansion (25-March-10)

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