Suzuki Motor Gujarat, a subsidiary of Maruti Suzuki India, has crossed the 30 lakh cumulative production milestone. The Gujarat plant, which began operations in 2017, manufactures popular models like Swift, Baleno, Dzire, and Fronx for both domestic and export markets.
New Delhi, Dec 6 (PTI) Maruti Suzuki India (MSI) on Wednesday said its Gujarat-based unit has crossed 30 lakh cumulative production milestone.
Suzuki Motor Gujarat (SMG) has surpassed the milestone within a span of around 6 years and 11 months since commencing operations in February 2017, MSI said in a statement.
SMG has an annual production capacity of 7.5 lakh units and the vehicles manufactured at the plant are sold in both domestic as well as export markets.
"With the acquisition of Suzuki Motor Gujarat, we are further enhancing our production flexibility. The production of our battery electric vehicles will also be undertaken at the Gujarat plant and is expected to start in FY 2024-25," MSI MD and CEO Hisashi Takeuchi stated.
Currently, the facility rolls out some of the popular models like Swift, Baleno, Dzire and Fronx.
Around 50 per cent of the total vehicles exported by Maruti Suzuki in FY2022-23 were manufactured at SMG, Takeuchi noted.
MSI board recently approved the acquisition of SMG from Suzuki Motor Corporation (SMC), Japan.
SMG, previously a wholly-owned subsidiary of SMC, is now under Maruti Suzuki ownership.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback