India: Maruti earmarks capex of Rs30bn for 2012-13

Suzuki's Indian subsidiary, Maruti Suzuki, plans to invest around Rs30bn (US$681.05m) in financial year 2012-13 in various areas, including capacity expansion and the launch of new models. "For next fiscal, our capex (capital expenditure) plan is about Rs30bn. We will invest on expanding capacities, new model launches, marketing activities and R&D," Subscribe to Automotive World … Continued

• By Webmaster
• July 27, 2011