Maruti Suzuki to continue operations in Haryana, won't cut investment

NEW DELHI: Maruti Suzuki has decided to continue operations in Haryana and will not lower any planned investment in the state. The auto major has said that the Manesar facility would operate under security cover until the staff feels secure as it was hit by violence last month.

While addressing shareholders at the 31st Annual General Meeting, Maruti Suzuki India Chairman RC Bhargava said, “Manesar plant violence was pre-meditated. It was unprecedented, not only in the history of MSI, but also in the industrial relations history of India. We will continue to have security at the Manesar plant till the time our people feel secure and think that it can be done away with it.”

Chairman of Suzuki Motor Corporation Osamu Suzuki met Haryana Chief Minister Bhupinder Singh Hooda and urged him to find the actual cause of the violence at Manesar.

The auto maker is hopeful to get back to full production within a short time period of time as the process of raising the worker strength is underway.

Maruti is infusing Rs 2,600 crore to establish a new diesel engine facility, strengthen capacities and R&D activities in Haryana by 2014.

Bhargava also said that the auto major has emerged as a significant diesel car maker and it is eyeing 40% market share.