Mauruti to Double Production at Manesar Plant
Mauruti plans to increase production out of the Manesar plant in 2010. Already, 1 in 2 new vehicles purchase in India is a Maruti product, and the increase is expected to help Maruti keep things that way.
Maruti Suzuki MD Shinzo Nakanishi said: “Starting this year, there will be very high pressure on us from all sides, including pressure from (commodity) prices and from competition. But, we will do everything to defend our 50 per cent market share. We will try to absorb the price increase as much as possible.”
Meanwhile, Business Standard reports that engineers are now working on a new entirely Indian Built compact vehicle. It is reported to be constructed on an existing compact vehicle platform.