Maruti Suzuki India Ltd. (MSIL), India’s biggest carmaker by sales volume, may begin building a new factory as early as next quarter, to add capacity and access ports on the nation’s west coast.
The New Delhi-based company will take a final decision on when to begin construction at its next board meeting in April, Chairman R.C. Bhargava said in a telephone interview today, without giving a specific date.
The automaker signed an agreement in June to set up a manufacturing facility in the western state of Gujarat. Production will begin in the 12 months starting April 1, 2015, boosting the company’s total capacity in India to 2 million cars by that fiscal year, Maruti said June 2.
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