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2006-06-15 22:35:27 · 2 answers · asked by nevermind4887 1 in News & Events Current Events

2 answers

I believe so.

2006-06-22 02:40:56 · answer #1 · answered by CottonPatch 7 · 1 0

yes it is true that Maruti has become Suzuki's export hub!
Suzuki Motor Corporation is increasingly banking on its Indian operations for feeding the export market.

Addressing the media, Osamu Suzuki, chairman and chief executive officer, Suzuki Motor Corporation, said the company would manufacture vehicles in India and look at exporting them.

"We will earn foreign currency in dollar terms, and this can be said for new models as well," he said.

Suzuki was speaking to the media after addressing a session on his 24-year experience in India, at the India Japan Business Meet organised by the India Brand Equity Foundation, on the eve of the World Economic Forum's East Asia Summit 2006.

Suzuki has also entered into an agreement with Nissan for manufacturing compact cars at the Maruti Udyog plant in Manesar. The cars manufactured by Suzuki would be exported to the European market under the "Nissan" brand. The deal with Nissan would help Suzuki reap the benefits of economies of scale.

2006-06-18 21:56:23 · answer #2 · answered by Anonymous · 0 0

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