Gujarat reaps Maruti advantage
The decision by Maruti Suzuki and Japanese bath-fittings maker Toto to invest in Gujarat is expected to bring a flock of Japanese small and medium enterprises (SMEs) to the State, especially in the auto component sector. An industrial park dedicated to Japanese SMEs is in the works, for which about 1,000 acres have already been identified by the State Government near Maruti Suzuki's proposed car plant in Mehsana district. An agreement outlining the deal was signed with the Japanese Government's trade and investment agency, JETRO, this January.
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