The Japanese auto giant Suzuki Motors Corporation (SMC) has announced the beginning of the construction process for its new facility in Gujarat from tomorrow i.e. 28th January 2015. This new facility of Suzuki will be operational by 2017 and this plant will be built with the investment of Rs. 4000 crore.
Suzuki’s new plant is located at Hansalpur village which is around 140 km away from Ahmadabad city and for this plant Government of Gujarat has allocated 700 acre of land in June 2012 by signing a state support agreement with Maruti Suzuki India ltd.
The foundation will be laid on the same date with a great ceremony under the presence of honorable CM of Gujarat Anandi Patel, finance minister Saurabh Patel and Japan’s ambassador to India Takeshi Yagi.
This new plant will have an initial capacity of 1, 50,000 units per annum and it will the company’s first facility outside the state of Haryana. This new plant was initially supposed to be set up by Maruti Suzuki India but now it is the wholly owned entity of Suzuki Motors corporation ltd.
This transfer of entity had run into controversy last year after investors opposed this move by MSIL and said it would hurt shareholders interest which forced company not only to make changes in the agreement but had t seek approval of shareholders for the same.
Suzuki launched Celerio hatchback and Ciaz sedan in 2014 which possesses a healthy waiting period thanks to its popularity, in order to bring down the long waiting period this new facility will surely help the MSIL.
Expect cars like Celerio, new YRA hatchback and new GEN Wagon R to be rolled out from this new plant.
In 2015 Maruti Suzuki will launch number of products like Dzire facelift, Wagon R AMT, YRA hatchback, SX4 S cross, Ertiga facelift and Celerio diesel variant, with so many new products lining up this new plant will certainly ease up the pressure.
