Maruti eyes million mark in Gujarat
New Delhi, Sept. 8: Maruti Suzuki India, the country's largest car maker, is likely to set up its fourth production line at the company's Gujarat plant, chairman R. C. Bhargava today said.
The new production line, which plans to produce 2.5 lakh units per annum, will take the plant's total capacity to a million units
"The first line of 2.5 lakh units has already been commissioned at the Gujarat facility, set up by Suzuki. Work is going on for the second and third lines that will increase the plant's capacity to 7.5 lakh units in two-three years," he added.
Bhargava, however, did not share the financial details.
Bhargava said the company would reach 2 million car sales in 2020 and 2.5 million by 2023.