Maruti to invest Rs 1,700 cr on second line at Manesar

New Delhi, Jan. 23

The country's largest carmaker, Maruti Suzuki, announced on Saturday that it would invest Rs 1,700 crore in a second line at its Manesar factory. The new line would start operations by April 2012.

The second line, which would have a capacity of around 2.5 lakh units a year, is expected to take the total capacity of the Manesar plant to 5.5 lakh units a year. The company's other plant at Gurgaon has an installed capacity of seven lakh units a year.

Mr R. C. Bhargava, Chairman of Maruti Suzuki, said the new line would mainly focus on compact cars, for which the demand is exceedingly high.
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