Published On:June 10 2014
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Maruti's Gujarat plant deal adds to operational complexity.
Maruti Suzuki India's recent update on the Gujarat plant, proposed to be implemented by its Japanese parent Suzuki Motor Corp, is 'razzle dazzle'and the transaction adds to the complexity of the operating structure, according to proxy advisory firm IiAS.
The proxy advisory firm's latest comments come within days of Maruti saying that it expects to save about Rs. 10,500 crore in the first 15 years by not investing in the Gujarat facility.
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