Maruti Suzuki's new production plant in Gujrat would begin operations from early 2017, confirmed Suzuki Motor Corp Chairman Osamu Suzuki. The Gujrat manfacturing unit is Suzuki Motor's first wholly owned car plant in India, and the company has invested nearly Rs 18,500 Crores in it. It is being learnt that the new plant would supply vehicles and components exclusively to Maruti, while the Wagon R based MPV (YJC) could be the very first vehicle to roll out of this plant.
"As planned, operations will start in 2017... Our plan is going accordingly," Suzuki Motor Corp Chairman Osamu Suzuki told reporters after meeting Finance Minister Arun Jaitley here. Suzuki Motors, Maruti's parent company, has a stake of 56 percent in MSIL, which has almost half of the market share in India in passenger vehicle segment. Initially, the Gujrat plant would have a capacity of 250,000 vehicles annually. It is believed that the company's production in India would be upto 2 million vehicles by 2022 from the current 1.4 million. Asked about the performance of the India unit, 86-year- old Suzuki said, "When it comes to Maruti Suzuki, the performance is going up very well. I am sure Maruti Suzuki has been loved by the Indian people. So I am very much satisfied."
Maruti reached a new high when it shipped the India-made vehicles to Japan for the first time. The Baleno hatchback went on sale in Japan from March. At that time, Chairman Osamu Suzuki had said the company was looking to "dismiss the prejudice" against India-made cars with Baleno, which is equipped with standard safety features including a radar system that mitigates collisions. Mr. Suzuki speaking on the ban imposed by Supreme Court on the sales of diesel vehicles with above 2000cc engine capacity in Delhi-NCR, said, "Diesel or gasoline (petrol), rather than driving the car into these categories, you really have to think of how to reduce the overall exhaust gas from automobile. That's what we are thinking at the manufacturers side."
Source - ET Auto