| Suzuki’s Indian auto production
and sales subsidiary Maruti Udyog has been renamed Maruti Suzuki India
Limited.
The company was set up in 1983 and by the end of March 2007 had produced
6.4 million vehicles, making it India’s largest motor manufacturer
by a substantial margin.
In the year to March 2006, the company’s share of the Indian domestic
market stood at 54.6 per cent with substantial exports to countries close
to India as well as to Latin America, Asia and Africa.
Maruti Suzuki has 4,700 employees based at its original plant at Gurgaon
and at an all-new plant at Manesar which opened in 2006 to meet rising
demand. Production facilities are currently being further expanded to
accommodate new models and this will enable exports to Europe and other
overseas markets to be increased. By 2009 production capacity will be
960,000 units a year, representing a further investment of almost €1.3
billion.
As part of this expansion a new diesel engine plant has been established
to make engines under licence from Fiat Powertrain. Diesel engines from
this plant – also at Manesar – will be supplied to Magyar
Suzuki, the Hungarian subsidiary, for installation in the Suzuki Splash.
The diesel engine plant has around 600 employees.
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