After having a phenomenal 2010, Maruti Suzuki India plans to manufacture 1.2 million vehicles in the 2011 fiscal year, a top company official said.
“We are looking at producing 1.2 million vehicles in FY 2011, as compared to 1 million vehicles produced in FY 2010. Following the productivity improvement, we are now manufacturing 1 lakh vehicles per month for the last five months” Maruti Suzuki Managing Executive I V Rao said.
India’s leading car-maker Maruti Suzuki’s manufacturing capacity will be enhanced further when its second plant at Manesar commences production next fiscal, he said. In the meantime, MSI is going ahead with its plans to setting up a test track in Haryana at an estimated cost of Rs 1,000 crore.
“We are setting up a full-fledged test track at Rohtak, in Haryana, for which we have bought land. We are working on various facilities and infrastructure and the track will be ready in three years’ time,” Rao said.
Maruti Suzuki India sold 585,523 cars, including its best-selling Alto model, in the domestic market during the April-December 2010 period, as compared to 459,507 cars in the same period last year.