Proposal for INR 35000 cr new plant to be placed before board of directors in 3-4 months: Bhargava
“It will take three-four months for land acquisition before the proposal for a new plant in Gujarat goes to the board of directors,” Bhargava said. He said the company had “enough” cash reserves to fund this investment. Besides this new plant, Maruti is also setting up a fourth production line at the existing Suzuki Motor Gujarat Pvt Ltd (SMG) facility in Gujarat, at an investment of INR 3200 crore, for making electric vehicles.
Tags : Maruti investment in Gujarat Maruti Plans for Gujarat Maruti new plant RC Bhargava on investment RC Bhargava on Maruti\'s plant Maruti new plant in Gujarat
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