Maruti mulls setting up manufacturing plant in Gujarat

The premium hatchback segment of cars in India is on an expansion spree. This market has witnessed entry of all new Swift from Maruti India. The car has been refurbished and consequently its demand has gone up and currently there are 50,000 booking orders for it out of which Gujarat alone has ordered 5000 units.

Maruti Suzuki has plans to expand further more in India considering that by 2015 car market in India will go up to a capacity of 4.5 million units. The company has plans to upgrade and expand its manufacturing capacity so as to meet the increasing demand and be able to produce as many as two million units annually. The company is eyeing Gujarat as one of the most preferred sites for setting up its new manufacturing plants as hinted by Maruti India’s Managing Director Shinzo Nakanishi and Chairman R C Bhargava although sites in Tamil Nadu and Haryana are also under consideration. Gujarat is also housing Tata Nano manufacturing plant and seems to be a conducive place for the purpose. The meetings and talks are ongoing with Gujarat CM Narendra Modi since May of this year. Maruti India already has its manufacturing set ups in Haryana (3 of them in Gurgaon and 1 in Manesar).

See More New Maruti Swift Pictures                                                    Read More on New Maruti Swift

West Zone General Manager of Maruti India, Mr. S N Burman told media persons in Ahmedabad recently that the company is all set to take up the task of increasing its manufacturing capacity soon so as to meet the demands and reduce the waiting period for its esteemed customers. Currently, only 12,000 units of Swift can be produced and buyers have to wait for 3-4 months.

See More New Maruti Swift Pictures                                                    Read More on New Maruti Swift

Coming back to new Maruti Swift, it must be known that the demand of this car has gone up especially for its diesel variant priced at 5.29 lakhs. As contrary to the predictions, the demand for this variant is 80% and demand of its petrol variant priced at just Rs.4.43 lakhs is only 20%. Clearly, the new Swift price is quite moderate. Hyundai's i20, Toyota's Liva, Ford's Figo, General Motors' U-VA and Beat are the other lucrative options in the same price segment.

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