Rediffmail Money rediffGURUS BusinessEmail

MUL top brass in Japan

October 06, 2004 17:11 IST
Source:PTI

The top brass of Maruti Udyog Ltd, India's largest carmaker, is in Japan to work out with its parent Suzuki Motor Corp the details of the action plan for the mega Rs 6,000 crore (Rs 60 billion) investment announced recently.

An MUL team led by Managing Director Jagdish Khattar is currently in Hamamtsu (Suzuki headquarters) to hold a series of meetings with the Suzuki top management, sources said.

The MUL, which is 54.2 per cent owned by Suzuki, has announced injecting a massive Rs 6,000 crore, one of the major investments in Indian automobile industry in the recent past, in setting up a new car plant and a diesel engine manufacturing unit.

Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

MORE FROM REDIFF

WEB STORIES

Moto Pad 70 Groove Arrives In India

National Handloom Day: 6 Wondrous Fabrics

7 Things To Know About The Dell XPS 13

VIDEOS

NEWS BUSINESS MOVIES CRICKET SPORTS GET AHEAD REDIFF-TV REDIFF ASTRO MOBILE RECHARGE BILL PAYMENTS