Automobile Industries sector projects by Maruti Suzuki India Limited in Ahmedabad
Project Information
6062
Maruti Suzuki India Limited
Mr RC Bhargava chairman of Maruti Suzuki India Limited is confident of rolling out the first car from its Gujarat project in 2017.
Mr Bhargava said that “Market conditions are changing now. We had put our Gujarat project in a slower mode (due to slack sales last year). We are confident of starting production in 2017.”
Car sales in the country dropped by 10% for the first time in 11 years from 1.99 million units sold in 2012 to around 1.80 million units in 2013.
He added that “Within days of assuming office, Modi took a first step in right direction by abolishing the Group of Ministers (GoMs), which was the reason for delays in implementation. This indicates that the new PM doesn’t believe in passing the buck, discussing issues and yet not taking any decision. There will be accountability.”
Mr Bhargava had made a “courtesy call” on the new CM, Mr Anandiben Patel, and also interacted with her team, including Finance Minister Mr Saurabh Patel, over the issues that cropped up after the company changed its project model in Gujarat.
He said that “It was a courtesy visit. Secondly, it was to apprise, both the CM and the Finance Minister, of the change from a single-company model for the Gujarat project to a two-company model. It is a change only in the concept, while everything else remains the same about project, be it investment, production of cars, setting up of ancillary units or training, nothing changes.”
MSIL had signed a State support agreement (SSA) with the State government in June 2012 to set up a manufacturing facility with a capacity of about 250,000 units a year with an initial investment of INR 4,000 crore.
However, earlier this year, MSIL board had announced the transfer of control of the Gujarat manufacturing plant to the Japanese parent Suzuki Motor Company.
Project Value
INR 4000 Crore /-
Advanced Stages of Commissioning
Ahmedabad
Gujarat
India
Automobile Industries
Disclaimer :
We takes all possible care for accurate & authentic tender information, however Users are requested to refer Original source of Tender Notice / Tender Document published by Tender Issuing Agency before taking any call regarding this tender.
