Suzuki Motor to set up third vehicle plant in India

Suzuki Motor Corp is planning a third vehicle plant in India to cater to the growing sales, the Japanese small-car maker said today.

The plant, which will have a production capacity of 250,000 vehicles, will come up as early as 2013 at the same site as its plant in the northern town of Manesar according to a company official.

Suzuki has a controlling 54 per cent stake in Maruti Suzuki Ltd, the largest car maker in the country.

With the third plant coming on stream as also another assembly line that is expected to be up and running by 2012, the production capacity at Manesar for Maruti Suzuki is expected to rise to 800,000 vehicles a year.

The current Manesar plant rolled out 360,000 vehicles last year running on extra shifts to exceed its production capacity of 300,000 according to Suzuki.

Model plans for the new plant are still to be announced.