To bridge the demand-supply gap for its passenger cars, Maruti Suzuki India on Thursday said it was planning to spend Rs.1,700 crore to set up a third production unit at its Manesar facility with an installed capacity of 2.5 lakh units.“We are planning a project report for the third unit in Manesar, which will come up for conversation before the board. The unit is future to have a capacity of 2.5 lakh units yearly,” Chairman R. C. Bhargava told journalists at the Society of Indian Automobile Manufacturers (SIAM) summit here.
Although Mr. Bhargava gave no time-frame for setting up the plant, he said the project report was probable to be completed soon. On investment, he said it would be in a similar range of the second unit which is currently being set up at Manesar.
The Manesar plant has yearly production capacity of 3-lakh units, as the Gurgaon plant produces 3-lakh units annually.
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