Maruti Suzuki Future Plans

Maruti has been suffering because of strikes and it has brought a bad name to a good brand. Maruti in an extreme scenario, may exit completely from Manesar and shift to Gujarat. The logic behind above assumption is that it has signed a pact in June with the Gujarat government to buy 700 acres of land near Mehsana to set up a factory. It is estimated that Maruti will spend around Rs 4,000 crore and commission the factory by 2015/16. Maruti wants to continue operating from Manesar as its Manesar plant rolls out Swift, Swift Dzire, SX4 and A-star models from two assembly lines. A third line is in an advanced stage of completion and is expected to be operational by 2013. "It takes a long time to replicate it anywhere else," he adds. In addition, the proximity of the Gurgaonand Manesar facilities gives Maruti flexibility in manufacturing and change the product mix in line with demand. Thus it is in the interest of striking employees to have a peaceful settlement with Maruti as well as it is in the interest of Haryana to keep Maruti under its belt failing which it will be sending very negative signals to the global investing fraternity. Now the onus lies on Bhupinder Hooda, CM Haryana that how he is able to handle the situatthe interest of Haryana.

Shared leadership is the secret of Marutis success

Visakhapatnam, Nov. 21:

Maruti Suzuki India Ltd has developed a model of paired (and shared) leadership which has been responsible for the success of the company all these years. This quality has enabled it to hold its own in spite of stiff competition from other players, according to Chief Operating Officer S.Y. Siddiqui.

He was addressing the management students of Gitam University here on Wednesday. The key domains Maruti was having two top executives - one from India and one from Japan - to take critical decisions.

If the decision relates to the Indian market, or it has a bearing on the Indian market, the opinion of the Indian executive gets precedence. Otherwise, the Japanese has his or her say. It is usually a combined decision. It is never a solo performance, he told students.

The last one year had not been very good for the automobile sector, he said. But things would improve, he said. Siddiqui exhorted students to have a clear career plan and work methodically towards achieving the goals. He asked them to ignore peer pressure and work in their way.

I have found the concept of peer pressure useless. I don't compare myself with, or compete with, anybody. I compete with myself. Perhaps, that is the approach you should adopt, he advised students. Growth engine

Predicting a bright future for the Indian economy, he said Asia would certainly be the growth engine in the coming years, with China and India leading the way.

India had the advantage of having the younger population, but the young should be given the opportunities to acquire skills.

Look around you, look within you and finally look beyond. The first two many people can do, but the third one is the most difficult and in any field that is what distinguishes the best from the rest, he said.

M.V.V.S Murthi, President of Gitam University, said Maruti during the past three decades had achieved the status of Indias national car.

Prof. G. Subrahmanyam, Vice-Chancellor, also spoke.