Maruti takes possession of land at Rohtak
Maruti Suzuki, the country’s largest manufacturer of cars, today took formal possession of 700 acres of land allotted to it by the Haryana government for a major research and development hub at the Industrial Model Township here, 70 km from Delhi.
The centre is slated to become Suzuki’s largest R&D centre outside Japan. Of the allotted area, 100 acres will house the company’s auto parts suppliers, while the rest will house the R&D units and the test tracks.The first phase of the R&D centre will be completed in 2012 and the second phase in 2015. A company official said
Maruti paid around Rs 500 crore to purchase the land
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment