Auto companies follow Maruti’s footsteps, pour huge investment in Gujarat.

25 Mar

Labour problems in Haryana are forcing major automakers, including Hero MotoCorp and Honda Motorcycle and Scooter India (HMSI), to follow in the footsteps of leading carmaker Maruti Suzuki India Ltd. to invest in Gujarat for expansion.

MSIL has already put the Gujarat plant on fast track with an investment of Rs.4,000 crore. The company will start construction at Bechraji in Mehsana district of north Gujarat next month and is expected to start production by mid 2015. The company also purchased land at a second location in Gujarat for its fourth factory with a capacity of about 750,000 units a year which will be operational by 2017. The Gurgaon and Manesar factories in Haryana have been producing 17.5 lakh cars per annum.

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