Maruti Suzuki To Build R&D Facility In Haryana
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Maruti Suzuki proposed R&D complex in Rohtak has picked up an allotment of 700 acres for this purpose by the Haryana government. The land allotment agreement was signed by Maruti Suzuki MD and CEO Shinzo Nakanishi and HSIIDC MD, Rajeev Arora, in Rohtak on Friday. The upcoming Maruti Suzuki facility, which is the only such unit by Suzuki Motor Corporation (SMC) outside Japan, will see MSIL making an investment of Rs 1,000 crore.
Of the 700 acres, a dedicated 100 acres will house the Suppliers’ Park. The company’s vendor partners will bring in further investment in their plants at the dedicated Suppliers’ Park within the R&D complex, which will be completed by 2015.
The set-up will eventually be developed as the parent Suzuki Motor Corporation global R&D hub for small cars. “This new facility would enable Maruti Suzuki to offer superior products to our customers as well as develop them on its own in the near future,” Mr. Nakanishi said.
The passenger car R&D centre will have India’s first state-of-the-art car test track and include other high-tech facilities like wind tunnel and frontal and side car crash testing. Maruti will make global cars for SMC in the near future like the popular hatchback ‘A-Star’ made only in India and exported to Europe and other overseas markets under the Suzuki Alto badge.
MSI managing executive officer (engineering) IV Rao said: “It will catapult Maruti into the next league as a car maker capable to develop new cars and platforms on its own. We are targeting 2012 to develop cars indigenously.”
MSIL will complete phase 1 by 2012, which will see an investment of Rs 400 crore, while the balance Rs 600 crore will be invested by 2015.
[Source: ET]
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Posted: August 22nd, 2009 under Cars.
Tags: maruti suzuki, maruti suzuki r&d haryana



























