Maruti To Make India A Global Design Hub
During the launch of Alto K10, Maruti Suzuki managing executive officer, Mr I.V. Rao stated that in 2014, the company is likely to introduce a modle that is not just meant for the Indian market, but will also go for the more developed markets like Europe and Japan. He added that in order to boost Maruti's research and development capabilities in India, the company has hired 1000 engineers.
Maruti is aiming to design small cars for Indian market based on the customer preferences. The company is gearing up to launch a new model by end of 2012. Although, the model will be exclusively designed, it will inherit the platforms from existing models. The yet to be launched new model will be in A2 segment with an anticipated price tag of Rs. 5 lakh to Rs. 6 lakh.
Maruti launched the Alto K10 which is more powerful and equally fuel efficient like the company's largest selling model Alto. Maruti will launch CNG versions of Alto, WagonR, Zen Estillo, Eco and SX4 on August 13 and will foray into the luxury car segment with a new sedan Kizashi in first half of 2011.


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