Maruti Suzuki plans for 1,500 dealerships in next three years

Carmaker Maruti Suzuki India (MSI) has earmarked Rs1,000 crore in the current fiscal to buy land parcels for new dealerships.As part of its network expansion strategy, the company plans to buy land parcels, build dealerships and then lease them to selected dealers. The company has earmarked a budget of Rs1,000 crore for the current fiscal and they plan to have around 1,500 new dealerships over the next three years. This is one of the biggest bids to signage companies whose activities involve in in-shop branding and graphic projects.