Maruti Suzuki to invest $2.2 billion in India
Automobiles, Investments March 24th, 2008
Maruti Suzuki to invest $2.2 billion in India
India’s dominating automaker Maruti Suzuki India is going to invest another 90 billion rupees in the Indian operations.
Most of this money is going to be spent on research and logistics.
Maruti CEO Shinzo Nakanishi was quoted as saying: “We will invest Rs 9,000 crore in India, which will be over and above the earlier investment programme announced by the chairman last year.”
Japanese company Suzuki is the major owner in this company and it had earlier revealed plans to raise capacity of their Indian operations to 960,000 units a year.
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Tags: Automobiles, Maruti, Maruti Suzuki, Shinzo Nakanishi, Suzuki
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