7Sep/090
Suzuki to build factory in India
Suzuki Motor plans to spend about 30 billion Yen ($ 322.6 million) to build a factory in India around 2011, boosting its production capacity in the country by 30 percent, the Nikkei business daily reported on Monday.
Suzuki's Indian unit, Maruti Suzuki controls about half of the country's market share. Maruti Suzuki Chairman R.C. Bhargava said earlier this week its management was considering whether to expand production capacity, adding it would be known soon.
A Suzuki spokesman said its Chairman Osamu Suzuki would brief on its Indian operation at its headquarters outside of Tokyo from 5 a.m. EDT on Saturday and declined to comment further.
[Via: Carazoo]