Maruti Suzuki will invest Rs 4,960 crore to buy land in Gujarat. This move will boost vehicle production capacity by up to one million vehicles annually. The company's current factories are operating at full capacity. This expansion is driven by growing market demand and exports. The investment will be funded through internal accruals and external borrowings.
from Auto-Industry-Economic Times https://ift.tt/OlUyfbc
Subscribe to:
Post Comments (Atom)
Mercedes plans bigger India play with greater localisation of parts
Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...
-
For viewers that stream YouTube using a mobile app, the video-sharing platform appears to be testing a new option. According to GSM Arena, a...
-
Mercedes-Benz India expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well. Th...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment