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Home » Posts tagged with "Maruti Suzuki India"

Maruti Suzuki India Manesar plant now dedicated to new Swift production

Maruti Suzuki India has shifted back to full scale production at the Manesar plant. The devastating 33 day long strike was an extension of the standoff between workers and management. The white flag came into being this Saturday with the Haryana government's intervention. Problems began when workers refused to sign a good conduct bond laid down by the management when it discovered serious and deliberate... 

Maruti Suzuki India annual FY11 report not laden with elaborate profits

The Annual Report FY11 of Maruti Suzuki India Ltd does not show a very promising picture. Though the company has put in a lot of efforts in research and Development, as well as, improving efficiency of existing models the overall picture still seems grim.  Increased competition from various other auto manufacturers seems to be a major reason.  Coupled with this are mounting interest rates and escalating... 

Maruti Suzuki India resumes partial operations at manufacturing plant

Maruti Suzuki has in recent times suffered huge production loss, and endured worker unrest at freewill. Workers at the Manesar plant have not come to agreement with the company and have been agitating and protesting for a while now regarding recognition of their separate workers union. This time round, Maruti Suzuki chose to lock out workers rather them stage a lockout within the production facility. The... 

Car manufacturers in India and Transfer Pricing Regime

A transfer pricing system was brought in by the Income Tax department to equate pricing of similar companies on one platform. Indian companies found this system of pricing suitable till now but with advent of multinationals entering Indian retail markets this kind of pricing system seems to be facing difficulties. Reasonable, fair and equitable profits as well as taxes needed to be formulated for all... 

Maruti Suzuki India to increase on Research and Development

The Research and Development unit of Maruti Suzuki India Limited is about to be augmented.  The company plans on increasing manpower actively involved in R&D for the company by adding about 20% to its existing workforce during 2011-12.  This will ensure that the R&D unit of Maruti Suzuki India becomes a major centre for research and development for its Suzuki counterpart. The R&D unit... 

Maruti Suzuki India picks IMI as education partner

International Management Institute (IMI) and Maruti Suzuki India Limited come together to bring quality management education to the automakers top executives.  The two giants have realized the need to impart quality management education to top executives of Maruti Suzuki who will enroll in a Post Graduate Diploma in Management on a part time basis at IMI's Delhi set up. A MoU to this effect was entered... 

Maruti Suzuki India Manesar plant workers resort to an hour long tool down strike

Just after their 13 day long strike at the Manesar Maruti India plant that accounted for a loss of Rs 630 crore, workers went on a strike this afternoon yet again because 5 workers were suspended for "allegedly assaulting a supervisor," and were also issued a showcause notice for the assault. A Maruti Suzuki India spokesperson said: "One of the supervisors was assaulted by workers yesterday and when... 

Maruti Suzuki India to increase production capacity to 17.5 lakhs units in two years

Though Maruti Suzuki suffered a setback due to unrest at their Manesar plant last month, this did not see any adverse long term effects on production.  Now Maruti Suzuki is all set to launch their new Maruti Suzuki Swift in August 2011. As per statements given by Mr. M M Singh, Managing Executive Officer in charge of Production, production capacity is expected to be around 17.5 lakh units annually. This... 

Maruti Suzuki India Manesar plant workers boycott Union Election

Maruti Suzuki India's Manesar plant workers boycotted the union election to be held yesterday as they would rather go on to form their own body. A clear sign of ongoing tension between management and workers at the Manesar plant, works had on 4th June begun a 13 day long strike. Their grievance is recognition of Maruti Suzuki Employees Union (MSEU) as they did not want to fall in step with Maruti Udyog... 

Maruti Suzuki India will launch RIII MPV, new Dzire, and Swift in 2011 to improve sales

Maruti Suzuki India is coping with loss of margins, and a market share loss of 3% resultant of production loss (16,000 units) at the Manesar plant. Simultaneously the company is dealing with rising inventory costs as dealer inventories stand at 30 days now as compared to 2-3 weeks previously, and competition from new launches by other car manufacturers in the Indian auto market. Analyst estimates point... 
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