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Moneycontrol.com >> Message Board >> View Messages >> Maruti Suzuki
   You are here :     Moneycontrol     MMB      Stocks      Maruti Suzuki
Plannig--India for the World (1)   08-Jul-08 22:47Tracked by (0)  
Posted by:   rvk41 on ( 08-Jul-08 22:47 )
Price : BSE: Rs 569.05 ( -0.92 % ), NSE: Rs. 569.20 ( -0.69 % )
Call it the Nano engineering gold rush. Indian engineering skills are suddenly hot property as global auto companies source competence, along with components, for their next-gen models. Sourcing cheaper components to cut costs for cars sold in India and globally is now de rigeur.

The second wave of sourcing focuses on skills, particularly in small cars where India has a core competence. As world markets move to smaller and less fuel-hungry vehicles, Big Auto is looking to India for scale and expertise. Maruti Suzuki’s soon-to-debut A-Star has some Indian content, which was played up alongside the Nano’s global outing at the Geneva Motor Show this March. But now Suzuki is planning to step on the gas, outsourcing its costly model development to India for the next-gen small cars.

“These cars will be developed in India and made in India for the world,” said a Maruti official. “By 2012, that line-up should start rolling out.” Suzuki is focussing on R&D in a big way in India to crank up its engineering pool for the purpose

For Information,with regards
rvk41
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