Monday, November 11, 2019

Unsure Motown shelves $3 billion capex plans

Maruti’s parent Suzuki Motor Corporation has deferred its $550-million third plant in Gujarat while Honda Motorcycle and Scooter India has pushed back plans to commence production from its third manufacturing line in Gujarat. Suzuki Motorcycle India has also put off by a few years its proposal to set up a second plant.

from Auto-Industry-Economic Times https://ift.tt/36UkIsF

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