On Monday, Maruti Suzuki India Limited (MSIL) announced that it would acquire the Gujarat plant from parent company Suzuki Motor Corporation (SMC) to boost the efficiency of its production and supply chain. “How this equity will be acquired and in what form is yet to be decided. For that, we have a subsequent… Continue reading Maruti to acquire Suzuki Motor Corp’s Gujarat plant to boost efficiency
Tag: Motor
Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co
Marut Suzuki India on Monday said its board has approved the acquisition of the entire stake in Suzuki Motor Gujarat from Japan-based parent Suzuki Motor Corporation. Currently, Suzuki Motor Corporation (SMC) owns a 100 per cent stake in Suzuki Motor Gujarat (SMG) which supplies its entire production to Maruti Suzuki. Maruti Suzuki… Continue reading Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co