Maruti Suzuki May Bargain Rs 235 Crore Payment for Reopening
Gurgaon (I-Haryana News): Haryana Government which on June 25, asked India’s largest car making company, the Maruti Suzuki India either pay Rs 235 crore or get ready to vacate Manesar plant land as enhanced compensation for land allotted to company and, now all of sudden fire incidence has made government so defensive that encourages Japanese to settle enhanced compensation in lieu of soon reopening and not shifting of its Manesar plant.
It is to mention that the Maruti Suzuki India have met Chief Minister, Bhupinder Singh Hooda and HSIIDC's Managing Director Rajeev Arora before fire at Manesar on payment of Rs 235 crore but flatly told to obey the Supreme Court order to pay as enhancement to the farmers, as government was at its dictating terms with Suzuki.
After Manesar fire, the scenario has completely, the Maruti Suzuki India, which was earlier, requesting Haryana Government to get some relaxation on Payment of Rs 235 crore as enhanced land compensation, now in position to bargain the best deal for them, as Japanese are considered hard bargainers when they at advantage.
In 2002, the Chautala government acquired 3,000 acres of land for Maruti at Rs. 2.25 lakh per acre.
Source: Intelligent Haryana News