Maruti Suzuki plans expansion in Gujarat

Ahmedabad: Maruti Suzuki in a meeting held with the Gujarat Chief Minister, Mr Narendra Modi, on Tuesday expressed its intention to set up a manufacturing plant in the state having production capacity of 10 lakh units per annum, expandable up to 20 lakh.

They hoped that the location of the site and other formalities for the phase-I of the project would get completed in three months and the plant could go on stream in five years, it said adding the plant would generate employment for nearly 1.50 lakh people.

Official sources close to the development said the company has zeroed in on a location near Sanand where Tata Motors’ plant to make Nano is also situated.