Maruti Suzuki to enhance R&D for small cars
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Japanese auto major Suzuki Motor Corporation has asked its Indian subsidiary - Maruti Suzuki India - to enhance its research and development (R&D) for small cars in the country.
Suzuki Motors has asked its Indian subsidiary to take care of 90 per cent of its R&D for small engines in India itself.
"Engines below 1,200 cc get excise benefit from the government of India and currently 60-70 per cent of R&D for these engines takes place in Japan. Now Osamu Suzuki wants 90 per cent of the R&D to be done in India," Maruti Suzuki India Chairman R C Bhargava said.
Addressing the company's shareholders in New Delhi on Monday, Bhargava said that Suzuki Motor Corporation Chairman Osamu Suzuki has told the board of Maruti Suzuki to enhance the level of R&D of small engines up to 1,200 cc.
"It is important that Maruti develops these engines in India with help from Japan," he added.
Suzuki Motors has asked its Indian subsidiary to take care of 90 per cent of its R&D for small engines in India itself.
"Engines below 1,200 cc get excise benefit from the government of India and currently 60-70 per cent of R&D for these engines takes place in Japan. Now Osamu Suzuki wants 90 per cent of the R&D to be done in India," Maruti Suzuki India Chairman R C Bhargava said.
Addressing the company's shareholders in New Delhi on Monday, Bhargava said that Suzuki Motor Corporation Chairman Osamu Suzuki has told the board of Maruti Suzuki to enhance the level of R&D of small engines up to 1,200 cc.
"It is important that Maruti develops these engines in India with help from Japan," he added.
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