Suzuki lays foundation stone for new Gujarat plant
The chief minister of Gujarat, Anandiben Patel, today laid the foundation stone for the Suzuki Group’s Gujarat vehicle manufacturing plant today.
The chief minister of Gujarat, Anandiben Patel, today laid the foundation stone for the Suzuki Group’s Gujarat vehicle manufacturing plant today.
The ceremony was held in the presence of Takeshi Yagi, ambassador of Japan to India, Rajnikant S Patel, home minister of Gujarat, Osamu Suzuki, chairman & CEO, Suzuki Motor Corporation, Japan, R C Bhargava, chairman, Maruti Suzuki India and Kenichi Ayukawa, managing director, Maruti Suzuki India, at the Hansalpur premises.
The Suzuki Group will set up three plants at Hansalpur with a total annual capacity of 750,000 vehicles. The first plant is scheduled to start production in mid-2017. It is being set up at an investment of about Rs 3,000 crore, and will have an annual capacity of 250,000 units.
The vehicles manufactured at these facilities will be supplied exclusively to Maruti Suzuki India (MSIL), in line with MSIL’s aim to reach reaching annual sales of two million units in the medium term.
Speaking on the occasion, Osamu Suzuki said: “For the Suzuki Group, setting up of this new manufacturing facility in Gujarat is the start of a new era. Under the Make in India program proposed by prime minister Narendra Modi, we will set up a state-of-the-art production plant here in Gujarat, with high focus on productivity and efficiency.”
The campus, spread over 640 acres, will also have an integrated suppliers’ park.
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