Weekly news 9[1]

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Weekly news 9[1]

  1. 1. Weekly News18Oct-24Oct<br />Submitted by:<br /> RAHUL PANJNATHIA<br /> MBA-2C<br />
  2. 2. Maruti plans to add 1,500 service outlets by 2015<br /><ul><li>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. 3. This enhancement is expected to result in additional employment of about 22,000 people by the service network operators. </li></li></ul><li>Continues…….<br /><ul><li>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.</li></li></ul><li>Hero Electric to expand in North America, Europe<br /><ul><li>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. 4. The company is also looking for technology transfer from international companies for product enhancement. </li></li></ul><li>Continues…….<br /><ul><li>Hero Electric already exports to some parts of North America and West Europe in small numbers through distributors.
  5. 5. Hero Electric that has a production unit in Punjab is looking to maintain an over 35 per cent market share in future. </li>

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