Live
- Jyothika slams negative campaign on ‘Kanguva’
- It’s official: Naga Chaitanya and Sobhita Dhulipala to tie the knot in December
- ‘Kantara: Chapter 1’ locks release date for Oct 2025
- Telangana to Implement New EV Policy from Tomorrow, Aims for Cleaner Environment
- I was surprised with ‘Zebra’ script: Dolly Dhananjaya
- Aadi Saikumar’s ‘SI Yugandhar’ launches with grand pooja ceremony
- US confirms first case of clade I mpox in California
- Sandeep Reddy Vanga responds to 'female Arjun Reddy' question, teases woman-centric film
- Andhra Pradesh Government Simplifies Paddy Procurement with WhatsApp Services
- BJP to Hold Workshop, Plans Statewide Yatras and Rallies
Maruti Suzuki to Take Shareholder Vote on Gujarat Plant After Government Nod
Highlights
Maruti Suzuki India Ltd, India\'s top-selling carmaker, will take shareholders\' vote for a new manufacturing plant in Gujarat after receiving the pending government approvals, its chairman said on Friday.
Maruti Suzuki India Ltd, India's top-selling carmaker, will take shareholders' vote for a new manufacturing plant in Gujarat after receiving the pending government approvals, its chairman said on Friday.
.jpg)
Maruti Suzuki, controlled by Japan's Suzuki Motor Corp, needs to start operations at the plant in 2017 and it is on schedule to achieve that, R.C. Bhargava told an annual shareholders meeting.
In 2014, Suzuki said it plans to build a wholly-owned car plant in Gujarat that will supply exclusively to Maruti, saving the company about Rs 10,500 crore ($1.58 billion).
The plan met with resistance from some of Maruti's large Indian shareholders. The cash-rich company has delayed voting on minority shareholder approval for Suzuki to invest in the Gujarat plant pending approvals from government agencies.
Next Story
ADVERTISEMENT
