India’s number one car maker Maruti Suzuki which currently has just less than 50% market share in India will increase its capacity to 17.5 lakh units in the next two years.
The company currently has three plants at Gurgaon and first plant (Plant A) at with a total capacity of 13 lakh capacity per annum. The second plant (Plant B) will be operational in four or five months, and the annual capacity would rise to 15.5 lakh units per annum.
Once the third plant (Plant C) is operational in two years, the total production capacity will be 17.5 lakh units.
Maruti is going to launch a slew of new products in the coming years and will also upgrade its existing line-up.