Maruti eyes million mark in Gujarat
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New Delhi, Sept. 8: Maruti Suzuki India, the country's largest car maker, is likely to set up its fourth production line at the company's Gujarat plant, chairman R. C. Bhargava today said.
The new production line, which plans to produce 2.5 lakh units per annum, will take the plant's total capacity to a million units
"The first line of 2.5 lakh units has already been commissioned at the Gujarat facility, set up by Suzuki. Work is going on for the second and third lines that will increase the plant's capacity to 7.5 lakh units in two-three years," he added.
Bhargava, however, did not share the financial details.
Bhargava said the company would reach 2 million car sales in 2020 and 2.5 million by 2023.
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Israeli missiles targeted a site in Iran in response to a recent drone and missile attack launched by Iran, reportedly in retaliation against an alleged Israeli airstrike on Iranian embassy in Syria, according to a report in ABC News.
ABC News reported on the unfolding situation, amid fears that the clash between Israel and Iran might escalate into a wider regional conflict.
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