 "R C Bhargava")
Maruti Suzuki India Ltd’s (MSIL’s) board on Tuesday approved the issue of shares on a preferential basis to Suzuki Motor Corporation (SMC) for the acquisition of the Gujarat plant from its Japanese parent for a better grip of production, including that of electric vehicles (EVs). R C Bhargava, chairman, MSIL, in an interaction with Surajeet Das Gupta in New Delhi, talks about the company’s EV plans, the need to acquire Suzuki Motor Gujarat (SMG), and reorganisation. Edited excerpts:
Following the move to acquire SMG, what does MSIL’s plan for EVs look like?
EV growth has been slow in India. What we
