PICS: Auto sector drives past bad phase, hopes for better

INVESTMENT PLANS DERAIL: A fall out of the slowdown was impact on investments. Maruti Suzuki India said it would miss target of commissioning its Gujarat plant, where it plans to invest Rs 4,000 crore. As per the original plans, the company had planned to roll out 2.5 lakh cars annually by 2015-16 from the Gujarat plant. Nevertheless, other firms who had committed investments, did not back out from their original plan. Honda, which is in the process of investing around Rs 2,500 crore on manufacturing activities in India, said it will go ahead with its plans. Tata Motors too confirmed going ahead with its plans of investing Rs 3,000 crore in the current financial year despite economic slowdown.