Maruti Suzuki, which enjoys 50% of the Indian car market, is setting a new level to increase its production- 70000 units in 2010- to feed the demand. The utilization of employees in full swing and wiping out wasteful operations is the need of the hour, said its Executive Officer. The Manesar facility will be expanded to produce 2.5 lakh units per year before 2012 since the waiting for Swift [images] and Swift D’zire [images] has gone to even six months. However, the car market is to get a growth of 10-12% in this fiscal year. Already the company has the production capacity of 1 lakh and the increase will be by the same volume.
Maruti’s plants –one at Gurgaon and the other at Manesar -are in full potential, operating with 100% capacity utility, both having ability to deliver 8 lakh units together. Maruti has done an excellent export market- 1.4 lakh cars to Europe and it seeks the repeat of it this year. There is a possibility to phase out a favorite model in 2012 to be replaced by a new design in terms of body and interiors. The company is making a study on R&D for a CNG / LPG version of WagonR.