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Maruti Suzuki India To Double Production Capacity To 4 Mn Units In 9 years

Maruti Suzuki India plans to double its production capacity to four million (40 lakhs) units in nine years from now, said Chairman RC Bhargava, hinting at what could be said to be the start of ‘Maruti 3.0’. Addressing shareholders in the company’s annual report for 2022-23, Bhargava said the company will, as soon as possible, […]

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India Rejects BYD’s $1 Bn Manufacturing Plant Proposal Due To Security Concerns

The Indian government rejects BYD’s USD 1 billion manufacturing plant proposal in India due to security concerns, reported a media house. The Chinese automaker had intended to produce electric vehicles (EVs) and electric batteries in India in collaboration with an Indian EV company, Megha Engineering and Infrastructure. Security concerns regarding Chinese investments in India were […]

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