India's largest manufacturer and seller of four-wheelers, Maruti Suzuki has been struggling to keep pace with demand. Its Celerio is heavily booked and there is a waiting of almost six months. The Japanese manufacturer never had expected the automatic variant to receive such high demand.
To cope with rising demand and to ensure its customers do not leave them, Maruti Suzuki has decided to increase its production. They will be investing in a new facility situated in Gujarat. They plan to commence the building of their facility by 2014-end.
The Japanese manufacturer is soon to launch its latest offering to Indian buyers. The Ciaz looks like a definite winner from Maruti Suzuki and the manufacturer would not like to lose momentum with its launch.
The new facility in Gujarat was earlier planned to begin production by 2016, however, bad market conditions ruined the plan and was pushed back to 2017. The facility will be solely owned by Suzuki Motors India, they also own a major stake of 56.21% in Maruti Suzuki.
Suzuki Motors India has confirmed it will be investing approximately INR 4,000 crores for its new facility. The Gujarat facility will aid Maruti Suzuki's growing needs. The Japanese automobile giant claims it will manufacture 1,00,000 vehicles and will have the scope to increase production further.
Maruti Suzuki will be launching more products in India in the coming months. Their first offering will be its Ciaz sedan, which will replace the SX4 in India. The Japanese automobile giant also plans to introduce a compact SUV for India by next year. The new facility will be capable of providing vehicles with reduced waiting periods.
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