Maruti Suzuki India plans to double its production capacity to four million units in nine years, said Chairman R C Bhargava, hinting that the automaker may reorganise its structure to achieve the ambitious plan termed “Maruti 3.0”.
Addressing shareholders in the company’s annual report for 2022-23, Bhargava stated that he expects the company to grow at over 6 per cent during FY24. He also projected a 6 per cent growth rate for the country’s car industry until FY31.
This story is subscriber only!
Now subscribe at a special Republic Day offer of Rs 75/month.
Subscribe Now
Already a subscriber? Sign in