Mumbai: Suzuki Motorcycle India (SMIPL), a subsidiary of Suzuki Motor Corporation, Japan has decided to build a new two wheeler plant at Rohtak in state of Haryana, India.
The Haryana chief minister Bhupinder Singh Hooda laid the foundation stone at the planned site.
In 2004, Suzuki Motor Corporation, Japan (SMC) had set up SMIPL for manufacturing and sales of two wheeler. SMIPL started producing two wheelers from 2006 at Gurgaon plant in Haryana state.
Two wheeler market in India has been expanding and crossed 13.4 million units in the last financial year 2011-2012.
The market is expected to further increase and SMIPL has taken an approval from Haryana Government to build an additional two wheeler and components plant by using 4 lakh land that is a part of land allotted to Maruti Suzuki India Limited (MSIL), subsidiary of SMC in India.
Planned production capacity of this plant is 5 lakh units, and the plant is expected to be completed in the year 2014. Further expansion of the plant will be planned according to the expansion of the two wheeler market in India.
In SMIPL, the product portfolio includes 2 models of scooter, 2 models of motorcycle, being produced in Gurgaon Plant and production stood at 3.5 lakh units in 2011, a 122% increase over the previous year.
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