New Delhi: In order to deal with crisis over frequent strikes and ensure uninterrupted production, the Maruti Suzuki India (MSI) has decided to set up a third plant with a capacity of 2.5 lakh units annually. It will be operational by 2012.

MSI executive said the company has decided to set up its third plant at a cost of Rs 1,925 crore to deal with the crisis of strike. The second plant has already become operational one month before the stipulated time.

The company is going to invest Rs 6,000 crore in Haryana, out of which Rs 1,700 crore has been pumped in the second plant.

In addition, the company is going to set up a new Research and Development (R&D) center which will research on the car production for the developing countries.

It will cost Rs 2,400 crore and generate 4000-5000 new jobs in state.

JPN/Bureau