Japanese small car maker, Suzuki Motor Corporation plans to maintain the company with growing sales by starting the third plant in India.
According to officials of Suzuki, the operation of the plant will be started by 2013, with the production capacity of 2,50,000 vehicles in India. Indian auto market is the fastest growing market in the world. Maruti Suzuki Ltd. is the largest auto manufacturer in the Indian auto market. Suzuki has controlling part of 54 percent of stake in Maruti Suzuki Ltd. Now a days the market share of Maruti Suzuki is losing in Indian because it is facing capacity constraints and competition from other companies like Ford and Tata Motors, by whom models have been launched in small car segment, where Maruti Suzuki was strong.
The capacity of the Suzuki Maruti will be increased to 8,00,000 vehicles per year by the addition of the third plant, according to Google news report.
Suzuki want to maintain it’s position in the global market and as well as in Indian market. It is making plans for that.