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Maruti says Manesar plant to run at full capacity by Jan

Maruti says Manesar plant to run at full capacity by Jan
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First Published: Thu, Dec 01 2011. 01 05 PM IST

A file photo of R. C. Bhargava chairman, Maruti Suzuki India limited
A file photo of R. C. Bhargava chairman, Maruti Suzuki India limited
Updated: Thu, Dec 01 2011. 01 05 PM IST
New Delhi: Maruti Suzuki, India’s top car maker, expects its Manesar plant in north India to run at full capacity by January, producing 800 cars a day, chairman R. C. Bhargava said on Thursday.
A file photo of R. C. Bhargava chairman, Maruti Suzuki India limited
Maruti, 54.2% owned by Japan’s Suzuki Motor Corp, was hit by a labor strike at the key plant in Haryana state. The labor unrest had led to a total production loss of about 83,000 cars, or almost $500 million in lost output.
Earlier on Thursday, Maruti posted an 18.5% drop in sales for November.
Mayank Pareek, Maruti’s head of marketing and sales, said market conditions continue to be “extremely sluggish”.
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First Published: Thu, Dec 01 2011. 01 05 PM IST