Maruti Suzuki to invest Rs.2,000 crores to manufacture diesel engines

Maruti Suzuki to invest Rs.2,000 crores to manufacture diesel engines

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Asia Bizz: Indian auto giant Maruti Suzuki has planned to manufacture 1.5 lakh diesel engines in the current year so as to meet the growing demands of the diesel cars. It has been noticed that the growth of the company has not been much impressive compared to the other car manufacturers in the market.

However, it will not be realistic to expect a massive growth from the company as it already holds 40 percent share in the market. At the same time there was a lot of potential for growth from the company but it could not match up mainly due to the limited capacity to produce diesel engines.

The shortage of diesel engines had resulted in long waiting list for the models like Swift and DZire. This year the company aims to roll out more diesel variants in the Indian market by expanding the facility to produce more diesel mills.

Maruti Suzuki will be investing Rs. 2,000 crore at its facility at Gurgaon , which will be producing 1.5 lakh units of its efficient 1.3 litre multijet diesel engine. During the launch of the Ertiga the company informed that 50 percent of the cars that were sold in the Indian market between the month of January and March 2012 were diesel.