India: Maruti creating subsidiary to acquire land assets for building future dealer network

India: Maruti creating subsidiary to acquire land assets for building future dealer network

RC Bhargava, chairman of Maruti Suzuki. Photo: Ramesh Pathania/Mint

India’s largest carmaker Maruti Suzuki India Ltd plans to acquire land at 5,000 sites across the country under a new subsidiary, which will then lease it out to build future dealerships, a top company executive said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter