The Financial Express (Delhi Edition)
Maruti Suzuki to start work on Gujarat unit by 2014 end
MARUTI Suzuki will start work on its Gujarat plant by the end of 2014. This was indicated by Maruti Suzuki India chairman RC Bhargava, who called on Gujarat chief minister Anandi Patel on Friday along with Osamu Suzuki, chairman, Suzuki Motor, reports fe Bureau in Ahmedabad. During PM Narendra Modi’s recent visit to Japan, Suzuki had said it will complete the facility by 2017, which will take the company’s annual manufacturing capacity to 3 million units from the current 1.5 million. “Some work has already been started on the site and we are waiting for minority shareholders’ approvals,” said Bhargava.
Ahmedabad, Sept 5: Maruti Suzuki will start work on its Gujarat plant by the end of 2014. This was indicated by Maruti Suzuki India (MSIL) chair man RC Bhargava, who called upon Gujarat chief minister Anandi Patel on Friday along with Osamu Suzuki, chair man, Suzuki Motor Corporation (SMC).
During PM Narendra Modi’s recent visit to Japan, Suzuki had said it will complete the facility by 2017, which will take the company’s annual manufacturing capacity to 3 million units from the current 1.5 million.
“Some work has already been started on the site and we are waiting for minority shareholders' approvals,” said Bhargava. According to sources, Bhargava and Suzuki also visited the site of the plant and took a tractor tour to see the progress.
MSIL is in the process of getting minority shareholders' nod to let its parent com-
Ford gears up to start Sanand unit by early 2015
Chennai, Sept 5: Ford India on Friday said it was gearing up for start of operations at its $1-billion Sanand plant in Gujarat by early 2015. The plant will focus on small cars (mass segment), the company said. “Work on Gujarat (Sanand) plant is on track and the first proto-type of a new car will be ready by 2014-end,” said Nigel Harris, president, Ford India. “The new plant will focus on small cars segment initially, which holds nearly 75% of total market share. We see great opportunities going forward.” On whether the Sanand plant will produce the Ka hatchback, which was just launched in Brazil, he said: “Of course, the Ka is among the small cars being looked at for launch from Sanand plant. We will announce details at an appropriate time.”