Maruti Suzuki bets on new Z-series engine to drive fuel efficiency
India's largest carmaker is expected to use the new Z-series engine in more models where strong hybrids are not viable.
India's largest carmaker is expected to use the new Z-series engine in more models where strong hybrids are not viable.
Suzuki Motor Corporation's stake in Maruti will rise to 58.19% from 56.48% currently.
The capex will be also utilised in scaling up the company's production capacity from 2 million units at present to 4 million units in the next 7 years.
This is in line with Suzuki Motor Corporation's, the parent company of Maruti Suzuki, target to double its turnover by FY31, says Hisashi Takeuchi.