Nestle India Adds New Production Line At Sanand Factory
The project will be completed by the end of the current financial year and involves an investment of approximately Rs 225 crore
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Asian Paints Net Profit Jumps To Rs 1,475.16 Cr, Revenue Up 5% YoY
- by BW Retail World Bureau
- January 17, 2024
Asian Paints on January 17 reported a 34.5 per cent year-on-year rise (YoY) in its consolidated net profit at Rs 1,475.16 crore for the third quarter of the financial year 2023-24 compared to Rs 1,097.06 crore in the year-ago period. The paint maker recorded a 5.4 per YoY increase in consolidated revenue to Rs 9,104 crore in […]
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Maruti Suzuki To Invest $4 Bn In Second Gujarat Car Plant
- by BW Retail World Bureau
- January 10, 2024
Toshihiro Suzuki, President of Suzuki Motor Corporation (SMC), unveiled Maruti Suzuki’s investment plans in the state of Gujarat, signalling a significant stride in the automotive sector in a major development announced during the Vibrant Gujarat Global Summit 2024 on Wednesday. In the first announcement, Maruti Suzuki India entered into an agreement with the State of […]
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Suzuki Motor Gujarat Achieves 3 Mn Cumulative Production
- by BW Retail World Bureau
- December 6, 2023
Suzuki Motor Gujarat, a wholly-owned subsidiary of Maruti Suzuki, has surpassed the milestone of three million production on a cumulative basis. The Gujarat unit commenced operations in February 2017, and within around six years and 11 months has achieved the three million production mark. In a release, the automaker said that the last one million […]
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Maruti Suzuki India To Double Production Capacity To 4 Mn Units In 9 years
- by BW Retail World Bureau
- August 7, 2023
Maruti Suzuki India plans to double its production capacity to four million (40 lakhs) units in nine years from now, said Chairman RC Bhargava, hinting at what could be said to be the start of ‘Maruti 3.0’. Addressing shareholders in the company’s annual report for 2022-23, Bhargava said the company will, as soon as possible, […]