Business Standard
Wednesday, May 30, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Maruti Suzuki aims to achieve full-body capability
Sharmistha Mukherjee / New Delhi Aug 25, 2010, 01:55 IST

The country’s largest car manufacturer, Maruti Suzuki India Ltd (MSIL), is working towards achieving full-body capability in manufacturing vehicles. This means MSIL will design and develop its models on its own.

Now, MSIL takes the help of Suzuki Motor Corporation of Japan for designing and developing vehicles. MSIL manufactures parts locally and can carry out minor changes and model facelifts.

BSE | NSE
Price  
Maruti Suzuki
R C Bhargava, chairman of MSIL, said, “We need to rapidly develop our own capacity to develop and design products. This is an area of priority for us and with the help of Suzuki, we are investing heavily in research and development.”

To achieve full body change capability, through complete in-house designing, development and evaluation of vehicles, the company has already acquired over 700 acres in Rohtak to set up a world-class research and development (R&D) centre and plans to increase manpower to 1,100, from 968 at the end of March 2010.

MSIL would impart induction and training to design engineers, develop world-class proving grounds, crash test facility, wind tunnel laboratory and related testing infrastructure at this new centre.

MSIL invested Rs 173.3 crore in R&D in 2009-10 against Rs 91 crore in 2008-09.

Meanwhile, MSIL announced it would restrict exports to 15 per cent of the total units produced this financial year to meet the growing demand in the domestic market.

“We should concentrate more on the domestic market. To keep our market share, not only should we adequately increase manufacturing capacity, but also remain aware of the changing customer tastes and demands and be flexible in making quick adjustments,” Bhargava said.

MSIL is also concerned about its market share, which dropped below 50 per cent this year, as it failed to meet the demand of fast growing car market, where other carmakers are making inroads.

Between April and July this year, the company exported 50,558 units, out of 335,394 units produced.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Tata Motors plunges nearly 12%, M-cap erodes by Rs 7,616 cr
- Demat accounts cross 20 million mark
- Lakshmi Vilas Bank Q4 net down 8% at Rs 25 cr
- Jagan's mother leads charge in battle of prestige against Cong
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- "Discover The Power of One"
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- SBI to rework structure in circles
- Striking Air India pilots have no rights to be trained: HC
- KBC 6 gets record registrations
- Foreign investor norms eased to accelerate capital inflows
- JLR helps Tata Motors log over two-fold rise in net
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us