Business Daily from THE HINDU group of publications
Wednesday, Aug 12, 2009
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Business Daily from THE HINDU group of publications Wednesday, Aug 12, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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Research & Development
Our Bureau New Delhi, Aug. 11 Maruti Suzuki India Ltd (MSIL) has been allotted 700 acres for an R&D facility in Industrial Model Township at Rohtak by the Haryana Government. This includes a suppliers’ park on 100 acres. The estimated investment in the Rohtak facility is Rs 1,000 crore. The car maker is expected to announce the details of the project and investments soon. The facility is to be the R&D hub for the country’s largest car maker. A test course for high-speed and acceleration tests will be provided at the facility, which could undertake full vehicle design and development. It would also house a collision test area, emission labs and wind tunnel testing facility. The company’s two plants, one in Gurgaon and the other in Manesar, are not too far from Rohtak, which is providing space for its ancillary providers. This is in addition to the Rs 9,000 crore investment that the company has announced for a diesel manufacturing plant, a port-based facility and modernisation. Maruti is headed to become the R&D centre for Asia. The company had earlier hoped to set up the R&D facility at Manesar from where its A-star was produced. More Stories on : Research & Development | Maruti Udyog Ltd | Cars
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