New Delhi: Auto market head Maruti Suzuki thinks that the Rs 1-lakh car projected by Tata Motors is more a threat to two-wheeler makers than car manufacturers.
While addressing stockholders at its yearly general meeting, the company emphasized that a broader product range and new investments will push Maruti’s enlargement in Indian market.
Ahmedabad: Hutch has crossed the 50 lakh subscriber mark in Gujarat. Now it plans to invest around Rs 1,000 crore in the State during the existing fiscal (2007), as part of its growth plans.
Last year, the cellular services supplier invested Rs 330 crore in the state that contributes one-seventh of the total earnings of the company in India.