August 25, 2012 5:00:27 am
Chairman and chief executive of Suzuki Motor Corporation Osamu Suzuki met Chief Minister Narendra Modi at his official residence in Gandhinagar Friday afternoon,a day before his visit to the companys new plant site at Hansalpur in Ahmedabad district.
Company officials indicated that work on the plant,to be set up as per Japanese standards, would not start before three years,depending on the market conditions. Suzuki also plans to set up a training institute here,they said.
I have come (to India) to attend the shareholders meeting. Here I have come to thank Chief Minister Narendra Modi for his last months visit to Hamamatsu (auto industry hub of Japan) to attend a highly successful investment seminar and see the new site of our proposed plant in Gujarat, Suzuki told reporters after meeting Modi. This is his second visit to the state.
Accompanying him were Maruti Suzuki India (MCI) chairman R C Bhargava and MD & CEO Shinzo Nakanishi.
Subscriber Only Stories
On the commissioning of the Hansalpur plant for which the company board has approved a Rs 4,000-crore investment,Bhargava said,Starting of construction of the new plant will depend on the market conditions. Indian market is steady at this point of time so we can hurry up the expansion. We have indicated a tentative period of 2015-16 for commissioning the new facility considering the present conditions. At present,we are not focusing on the date of ground breaking till the final project reports come up. There is no such plan for at least next two to four months.
He said the plant will be completely based on latest Japanese design. At present,we are focusing on skill development of our technicians and other staff. We will train around 500 technicians and engineers in Japan who will act as trainers of local staff. They will be taught Japanese way of working, Bhargava said,adding,An institute would be set up in Gujarat so that people are trained on how to work in an industrial culture.
On the rumours of shifting the troubled Manesar plant to Gujarat,he said,We have clarified it 12 times that there is no plan of shifting. These rumours are nonsense and rubbish.
Maruti Suzuki India Limited had signed a State Support Agreement (SSA) with the state government for purchase of land near Hansalpur in June.
Sources told The Indian Express that the state-level valuation committee (SLVC) had cleared the proposal of allotting 207 hectares to Maruti Suzuki India near Hansalpur in Mandal taluka of Ahmedabad district at the rate of Rs 643 per square metre. Now,the proposal will be sent to the state cabinet for the final approval.
The proposed plant,to come up over 700 acres,will have an initial annual capacity of 250,000 units in a phased manner. It plans to employ around 1.5 lakh people.
Based on the market demand,the Hansalpur facility would be added to the companys existing manufacturing facilities at Gurgaon and Manesar in Haryana.
📣 Join our Telegram channel ( The Indian Express ) for the latest news and updates
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.