Maruti inks pact with Mundra Port for Rs 100 cr car terminal

New Delhi, Feb 20: Maruti Suzuki India Ltd (MSIL) today said it has signed an agreement with Mundra Port and Special Economic Zone Ltd (MPSEZL) for a mega car terminal at Mundra, Gujarat, with MSIL investing Rs 40 crore and MPSEZL investing Rs 60 crore.

This car terminal is expected to be operational by December 2008, said a statement. The agreement was signed by MSIL MD Shinzo Nakanishi and MPSEZL Chairman and MD Gautam S Adani.MSIL will set up a 'Pre-Delivery Inspection' centre at the port premises. MPSEZL is planning to augment the port infrastructure in due course of time.

UNI