India’s largest car manufacturer, Maruti Suzuki has announced to establish a research and development complex at Rohtak in Haryana. The Company has already been allotted a 700 acres of area for this purpose by Haryana government.
Mr. Shinzo Nakanishi, Maruti Suzuki MD and CEO has signed the land allotment agreement with Mr. Rajeev Arora, HSIIDC MD in Rohtak on Friday. The proposed R&D unit is reported to be the largest such unit by Suzuki Motor Corporation (SMC) outside Japan.
Maruti Suzuki, the largest subsidiary for Japan’s Suzuki Motors has planned to invest around Rs 1,000 crore to 1,500 crore on the project, which is estimated to get complete in 5-7 years.
Mr. Nakanishi, after signing the agreement has said that the new facility would immensely increase the R&D capabilities of the company and would also make it possible for them to provide better quality products to their customers.
The 700-acre R&D centre will house a 100 acre Suppliers’ Park and several hi-tech facilities which include India’s first state-of-the-art car test track, wind tunnel, frontal and side car crash testing and a vendor park. The new facility will increase Maruti’s capability to design and develop new car models and also to test them, for which Maruti is, till now, heavily dependent on parent Suzuki.
Mr. IV Rao, MSI managing executive officer has already claimed to launch a completely made-in-India car by 2012 and to become SMCs’ global base for small models.
The first phase of the construction will take up Rs 400 crore and get completed by 2012, while the second phase will take Rs. 600 crore and get finished by 2015.
Maruti to construct R&D unit in Rohtak
Submitted by Navjot Singh on Tue, 08/25/2009 - 09:46