Japanese automobile giant Maruti Suzuki is the leading manufacturer and seller of vehicles in India. They have launched two successful products in 2014 in the form of its Celerio hatchback and Ciaz sedan. Currently there is a long waiting period on their models owing to their popularity.
In an attempt to bring down the waiting period the manufacturer will be commencing work of their new facility in Gujarat. Maruti Suzuki planning on beginning the building of their new plant from 28th of January, 2015. The project is expected to be operational from 2017 onwards.
The Japanese manufacturer will be organising a traditional stone laying ceremony on 28th of January. They will be setting up their new facility in the village of Hansalpur, Gujarat. Anandi Patel, Gujarat Chief Minister and Saurabh Patel, Finance Minister will be present at the ceremony.
This facility was supposed to be built by Maruti Suzuki India, however, the Japanese manufacturer had something else in mind. After several stakeholder meeting Suzuki got confirmation that they could build this facility by themselves.
The new Gujarat facility by Suzuki will be spread across 700 acres close to Hansalpur village. It is estimated to cost the manufacturer roughly INR 4,000 crore to build it from the ground up. Once setup and ready for use in 2017, it will have a capacity of 1,50,000 vehicles per year.
Maruti Suzuki is expected to launch a premium hatchback and a crossover this year in India. The hatchback has no official name as of yet and is codenamed YRA, while the cross is expected to be the SX4 Cross. They also plan to introduce more AMT options in their current line-up.