November 21, 2008

Maruti Suzuki eyeing INR 9,000 crore CAPEX

It is reported that Maruti Suzuki India Limited is planning to invest INR 9,000 crore for expanding its business operations.

The proposed investments will be made for over a period of 8 years for setting up a world class R&D and design facility, improving warehousing facilities and marketing channels, upgrading logistics support and similar ventures.