Monday, November 23, 2009

Modi invites Maruti to set up plant in state

VADODARA: Gujarat Chief Minister Narendra Modi on Sunday invited Maruti Suzuki India Limited (MSIL) to set up a car manufacturing facility in
Gujarat. Modi, after inaugurating the AGIDTR set up by the state government and MSIL here, said he wanted to give a business advice to Maruti. “Gujarat has General Motors and Nano, why not Maruti?” Modi said, pointing out that MSIL manufactures cars at Haryana which are then brought to Gujarat’s Mundra port for exports.

“Would any Gujarati make such a mistake? They (cars) should be manufactured and exported from here.” He added that with the construction of Mumbai-Delhi Industrial Corridor with active participation of Japan and arrival of a number of Japanese companies with a view to invest in Gujarat, MSIL should also establish their car unit in Gujarat. MSIL’s managing director and CEO Shinzo Nakanishi on his part said that MSIL is expecting export business to further grow this year. “Last year, we had exported 70,000 units whereas this year we hope to exceed one lakh units,” said Nakanishi.

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