Maruti Udyog Limited (MUL), recently, expressed its desire to expand its operations outside Haryana, in order to avert further deterioration of its already malfunctioning production process. Following the announcement, Punjab Pradesh Congress Committee President, Amarinder Singh, has mediated the state's interest in becoming host to the company's expansion spree. He further criticised Punjab Chief Minister Parkash Singh Badal for acting irresponsible towards the matter, even when the state could provide a healthy environment to the Maruti Udyog Limited.
Punjab Pradesh Congress Committee President said that Maruti Udyog Limited Chairman had ruled out the possibility of moving out of Haryana but revealed that the company was planning to expand. “They are welcome to Punjab as it offers best environment besides we have lot of ancillary units here which can be of immense support to MUL”, Singh said. He also added that a number of industrial units are supplying spare parts to Maruti Udyog Limited and once the company settles in Punjab, the process would simplify.
Amarinder Singh, the former Chief Minister said, “Given the fact that Mr. Badal has no such futuristic vision as he remains busy and preoccupied with his sangat darshan programmes we don’t expect him to do that.” He further adding by saying that the Congress will aim to convince and motivate Maruti Udyog Limited to come to Punjab within three months or so.
It is important to note that the strike for Maruti Suzuki India Limited has resulted in extended waiting period for its popular vehicles. Moreover, the situation becomes more alarming owing to the fact that the festival season could have been a great opportunity to revise its sales; however, the production is unable to meet the demand.
While Maruti Suzuki India Limited incurred a loss of Rs. 2,200 crore, including around Rs. 700 crore that its vendor bore, the government also experienced a humongous loss in its earnings. For the Union Finance Ministry, the deficit in terms of excise duty collections is expected be over Rs. 500 crore, while for the Haryana government the duty loss would be around Rs. 50 crore.
