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Weekly news 9[1]
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Weekly news 9[1]

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  • 1. Weekly News18Oct-24Oct
    Submitted by:
    RAHUL PANJNATHIA
    MBA-2C
  • 2. Maruti plans to add 1,500 service outlets by 2015
    • The country's largest car maker Maruti Suzuki India is planning to ramp up its service centres by a massive 1,500 outlets by 2015.
    • 3. This enhancement is expected to result in additional employment of about 22,000 people by the service network operators.
  • Continues…….
    • The company currently has 2,784 service points and it is planning to increase it to over 4,200 outlets in the next five years.
  • Hero Electric to expand in North America, Europe
    • Electric two-wheeler maker Hero Electric is stepping up efforts to expand presence in global markets with a focus on North America and Europe.
    • 4. The company is also looking for technology transfer from international companies for product enhancement.
  • Continues…….
    • Hero Electric already exports to some parts of North America and West Europe in small numbers through distributors.
    • 5. Hero Electric that has a production unit in Punjab is looking to maintain an over 35 per cent market share in future.