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Sindh assembly presents provincial budget RS 617 billion
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Imran Khan damaged Pakistan cricket, Aamir Sohail
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Quaid’s Ziarat residency to be rebuilt in 3 months: Govt
17th Jun 13 -
Shahrukh, Gauri expecting a baby boy in July
17th Jun 13 -
Punjab Assembly presents fiscal budget Rs 897 billion
17th Jun 13 -
Shahrukh Jatoi writes letters to Human rights activists against ATC decision
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SBK university closed for indefinite period after bomb attack: Quetta
17th Jun 13 -
UN chief condemns terrorist attacks in Balochistan
16th Jun 13 -
Recent spell of rain augurs well to crops
16th Jun 13 -
Provincial Budget Comparison 2012/2013
17th Jun 13
Thursday 20, June 2013
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India’s Maruti to spend $716mn on new car plant
By: Fawad Khan, Uploaded: 20th June 2012
India’s top carmaker Maruti Suzuki is to invest 40 billion rupees ($716 million) to set up a new manufacturing facility in the western Indian state of Gujarat, raising its total capacity to 2 million units by 2015-16.
The company has signed an agreement with the government of western Indian state of Gujarat to buy land to set up a new manufacturing facility, it said in a statement on Saturday.
Maruti Suzuki estimates it will generate employment for more than 2,000 people.
Maruti, 54.2 percent owned by Japan’s Suzuki Motor Corp. on Friday, reported a 5 percent fall in its monthly vehicles sales in May. REUTERS
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Story first published: 20th June 2012
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