Tuesday, 4 November 2014

Maruti Suzuki Plans Huge Investments in 3 Years

India’s largest car maker Maruti Suzuki India is investing up to Rs 4,000 crore in the next 2-3 years in key areas like product development, R&D and marketing infrastructure.

According to C.V.Raman, MSIL executive director-engineering, the company would also focus more on bringing out models with auto gear shift technology, going forward.

"Currently Rs 4,000 crore worth of investments are going into research and development, product development and marketing infrastructure over period of two to three years, he said.

"We will be improving our R&D capability. We are setting up test labs and other facilities. Marketing infrastructure such as setting up stockyards will be created. The company is expected to come out with a SUV- XA Alpha- next year”, he added.

Raman said the sales of diesel vehicles could go up as the price difference between petrol and diesel is narrowing.

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