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Maruti Suzuki appoints Arnab Roy as new CFO

Maruti Suzuki, India’s largest carmaker, has announced the appointment of Arnab Roy as its new CFO, effective from January 1, 2024. Arnab Roy will be replacing Ajay Seth, who will be retiring from his position as the company’s full-time CFO at the end of business on December 31, 2023.

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Maruti Suzuki set to terminate manufacturing agreement with Suzuki Gujarat

According to the company's regulatory filing, Maruti Suzuki India Ltd. (MSIL) will need to virtually double its existing production capacity by the years 2030–31 to reach about 4 million automobiles annually due to the expansion of the Indian auto industry and export potential. This might occur in a number of places, some of which are known and some of which are under investigation.

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