India's largest car maker Maruti Suzuki, which has more than 50% of the fast-growing market, intends to hang on to that share by boosting output to 1.5m units a year.
India’s largest car maker Maruti Suzuki, which has more than 50% of the fast-growing market, intends to hang on to that share by boosting output to 1.5m units a year.
To do that, it will add a fourth plant by 2013 with an annual output of 250,000 cars.
Suzuki, which first started production in India in 1983 in partnership with Maruti, is now building its third Indian plant, raising output there to 1.25m units a year by 2012.
The fourth factory will increase annual output in India to 1.5m units, more than half Suzuki’s global output forecast for 2010 of 2.68m units.
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