Automotive giant Maruti India Ltd is expecting to produce 1.2 million automobiles in the new year 2011, revealed a top company source. I V Rao, Managing Executive of Maruti Suzuki in talks with reporters at a conference said the automaker is planning to pump up its production level from previous years by at least 2,00,000 units. He further revealed that due to the new production technique that Maruti has adopted, it has been able to produce 1, 00,000 units per month, which automatically comes to 1.2 million for the year.
Noteworthy is the latest news that is doing the buzz around, the new Maruti plant at Manesar which is expected to go online next year. This will significantly boost the production capacity of the small-car leader.
Another development on this front is, the test track which Maruti is planning to build in the state of Haryana at a projected cost of Rs 1,000 crore. Mr. Rao further divulged the details of the said test track that is to be built at Rohtak, for which the land has already been bought and the construction is in full swing. The facility is expected to be ready in 3 years time.
The automaker sold 585,523 units, in Indian markets alone for the period ranging April-December, which when compared to the same period in the previous year, 459,507 cars, is more by 126016 units.