We recently interacted with Maruti Suzuki (MSIL) management. Company is well on track to start operations at its new Gujarat plant by FY17-end. At present company's running close to 100% utilization and during peak period plant utilization is beyond 100% with help of de-bottle necking to meet festive demand. At present, company's Baleno and Vitara Brezza has a waiting period of 6-8 months, despite production ramp up.