Press Trust Of India reported that West Bengal Industrial Development Corporation has agreed to grant land to Maruti Suzuki India Ltd for setting up a stockyard at Panagarh Industrial Park, about 150 km from here.

A top official senior official told PTI that "We have agreed to give them (Maruti Suzuki India) 40 acres at Panagarh for their proposed project. Now, we have sent the proposal to the Industries Ministry for approval.”

The project, which is the second proposed one in the state after Siliguri, is expected to stock a maximum 2,500 cars at a time and cater to the eastern zone, comprising Bihar, West Bengal, Jharkhand, Orissa and Chhattisgarh.

The stockyard will help Maruti increase the distribution efficiency significantly reducing the time frame in vehicle delivery.

Mr Mayank Pareek managing executive officer (marketing and sales) of MSIL said that "We have a proposal for two stockyards in West Bengal (one in Siliguri and another in Panagarh). The Panagarh project has a maximum stocking capacity of 2,500. It is in line with our plan to set up stockyards across the country.”

Source - Press Trust Of India

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