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Maruti Suzuki  targets 50% output hike by 2015 and may use VW’s diesel technologies

By 2015, the Indian market is expected to reach the three million mark.

“When the market is three million units, we will have to make and sell 1.5 million vehicles in order to keep our market share (50%) intact,” Maruti Suzuki managing director Shinzo Nakanishi said.

Nakanishi said he hoped to add capacity of another 300,000 units between now and 2015. “By adding about  300,000  units at Manesar  plant and through increased efficiencies, we should be able to produce 1.5 million units by 2015”.

on the exports front, Maruti does not seem to be too ambitious. Nakanishi expects exports to stay flat at about 150,000 units per year by 2015. It plans to close 2009-10 with 130,000-140,000  units in exports, of which about 45,000 should be on account of the contract manufacturing order from Nissan.

A recent global partnership between VW and Suzuki Motor Corp. would take some time to play out in the Indian market, Nakanishi said.

Among the options that could potentially be looked at are contract manufacturing by Maruti Suzuki for the Volkswagen Group and making use of VW’s diesel technologies, he added.

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