Suzuki chief meets Modi to review its two projects in state - Indian Express

Press Trust of India : Ahmedabad, Sat Apr 27 2013, 04:26 hrs Suzuki Motor Corp Chairman Osamu Suzuki Friday met Chief Minister Narendra Modi to review the progress of the two projects in the state being set up by its subsidiary Maruti Suzuki India. Suzuki was accompanied by Maruti Suzuki India (MSI) Chairman R C Bhargava and company's MD and CEO and Kenichi Ayukawa. After the meeting with the CM, Bhargava told reporters here that the projects are on track and are scheduled to start production from the first site by 2015-16. MSI is planning to set up two new plants in Gujarat, off which one proposed near Mehsana with an investment of Rs 4,000 crore will have capacity to roll out 2.5 lakh cars annually by 2015-16, besides a skill development centre. The delegation is scheduled to visit the site for the proposed second plant of MSI in Gujarat. "We shall be going tomorrow to the site for a visit to take a look how are the villages and what is the approach to them," Bhargava said, in reply to media query on Saturday's visit to plant site. When asked about the acquisition of land parcel for MSI's second proposed plant in Gujarat, Bhargava said, "For second plant, 500-600 acres of land was to be acquired....one portion has been acquired or not I am not sure." He clarified that first unit at proposed first manufacturing facility of MSI near Mehsana will come up with an investment of between Rs 2,000 crore and Rs 2,200 crore. ALSO READ SIT has 9 versions of Narendra Modi's meeting after 2002 Godhra riots DC Design likely set up car manufacturing unit in Gujarat soon Now, China jumps onto praise Narendra Modi bandwagon, envoy says CM headed for Delhi As Narendra Modi opens up, Congress and BJP ally close in for the kill Please read our terms of use before posting comments TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s). via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEbGMkPe8fp0CvJbVeqOrIRWzQDNg&url=http://www.indianexpress.com/news/Suzuki-chief-meets-Modi-to-review-its-two-projects-in-state/1108396/

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