Maruti Suzuki to invest 200 billion yen on expansion in India
Automobiles, Expansion October 30th, 2007
Maruti Suzuki to invest 200 billion yen on expansion in India
India’s leading automaker Maruti Suzuki has announced that they are going to invest an additional 200 billion yen on expanding their production capabilities in India.
They are already the dominating automobile maker in India and are going to expand their capacities to meet the ever growing demand in the market.
They are going to invest more on marketing and research and development.
The company has just posted their revenue report and they are now expecting 27 percent rise in quarterly net profits.
Maruti has been facing massive demand for their recently launched Maruti Swift Diesel and Maruti SX4. These cars come with a long waiting period.
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Tags: Maruti, Maruti Suzuki
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