Why did Maruti choose Gujarat for setting up a second million-car unit? RC Bhargava explains

RC Bhargava, Chairman of Maruti Suzuki, explains that Maruti Suzuki has chosen Gujarat as the preferred state for expansion due to the established vendor base for car components and the potential for improved economies of scale and lower production costs. Additionally, the company aims to triple exports by the end of the decade, with Gujarat being a favorable location due to its proximity to a port. Bhargava also discusses the positive outlook for the Indian car market in 2024-2025.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.