Cearly limited by the surging Indian automobile industry, leading car-maker Maruti Suzuki has decided to scale up its research and development (R&D) infrastructure in India.The foundation stone of the upcoming research and development (R&D) centre, which is being set up on 600 acres land in the industrial modern township (IMT) in Rohtak, was laid on Monday. MD and CEO of Maruti Suzuki India limited Shinzo Nakanishi said that the company was planning to pump in investment of Rs 2000 crore in setting up the R&D facilities.
A company official informed TOI that this is the second R&D of Suzuki centre, and first outside Japan which is being set up in India obviously given the volume and future of the market.the official said-"We are selling around 12 lacs cars annually which are likely to reach 20 lacs by 2015. As per the market trends and experts opinion the market is expected to touch 40 lacs figure in next three years of which we hope that half will be Maruti Suzuki's share",
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