Maruti Suzuki to Build 2M Cars in India by 2015
For Maruti Suzuki, the Indian market will prove very friendly in the years to come. At least, this is what the manufacturer expects, as it announced it planned to have an output of around two million vehicles a year by 2014-2015.
"This year we have been surprised by the pace of growth in the industry but thanks to our innovations at the production level we have managed to add 200,000 units capacity without investing in a new plant," Managing Director Shinzo Nakanishi said according to just-auto.com.
This year, the carmaker registered a hefty increase in sales, with 620,000 units being sold in the first eight months of the year. Even if the growth registered for the period is slower than the overall industry, this is only seen as a room for growth by Maruti.
The launch of the new models on the local market, spearheaded by the Kizashi, which will arrive accompanied by the diesel version of the SX4 and Swift, are hoped to bring an even higher increase in the sales figures, despite some predicted setbacks.
"Next year would be tight for us because of production constraints as our new capacity at Manesar would be available only in the second half. So our market share may go down further but I do not mind that because our volumes would still be higher," Nakanishi added.