News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 18 years ago
Rediff.com  » Business » More investment in Haryana: Suzuki

More investment in Haryana: Suzuki

December 03, 2005 18:12 IST
Get Rediff News in your Inbox:
Suzuki chairman Osamu Suzuki on Saturday assured Haryana Chief Minister Bhupinder Singh Hooda that the company's future investment in India would be made in Haryana only and they would make Gurgaon the ''Detroit'' of India.

Suzuki was interacting with the high-level delegation led by Hooda who visited the Suzuki headquarters at Hamamatsu.

The delegation had a business meeting with Suzuki, its vendors and other companies engaged in the business of manufacturing automotive components.

Suzuki said during his visit to India in September 2005, he found the Chief Minister ''very considerate and responsive to the concerns of the investors, particularly the Japanese companies.

He said Suzuki had been in Haryana for the past 23 years and had faced no problems. The success of the company was the testimony of the government to Maruti Udyog Ltd (MUL) at Gurgaon.

He pointed out the company was in the process of completing its three projects on 600 acres of land allotted to MUL by the Haryana State Industrial Development Corporation at IMT, Manesar where they planned to promote their key vendors within the campus as had been done in the MUL campus.

He said Bellsonick, one of their key vendors, had shown its interest to locate its unit within the campus of MUL at Manesar.

Thanking the Suzuki chairman for arranging the interaction with the prospective investors, Hooda said that MUL has been one of the key contributors in the progress of the state.

His government would extend its support to the new ventures for which he had laid the foundation stone in June 2005.

He further assured that his government would consider the MUL request at IMT Manesar for allowing the vendors an independent entity within the campus.

Get Rediff News in your Inbox:
Source: source
 

Moneywiz Live!