Maruti Suzuki India is on the road to lead its production stint of 1 lakh with the sale projection of 9.5 lakh for this fiscal year. The vehicles will be designed and shaped in both the units at Gurgaon and Manesar. the proposed target of 5% sales growth was revised by Maruti keeping an eye of another 5% on domestic purpose. The export figures are also increased to 1.3 lakh units -1.5 lakhs from 1.2 lakh units.
Maruti has a waiting period of almost all its premium models like Swift, Dzire, Ritz and Swift diesel. The company is in round the clock activity producing 86000 vehicles which may be increased to 1 lakh in another two months. All final decisions regarding the increase in production will be taken at the chairman’s visit to India for the annual general meeting. Necessary investment will be made for this production increase of 1-1.2 lakhs. Manesar unit has the production capacity of 3 lakh units and one can calculate the amount of investment as 1 lakh production unit requires Rs1500 crore. However, major models of Maruti – 800, Alto, WagonR, Estilo, Ritz, Versa and Gypsy – are the offshoots from the Gurgaon unit. Whereas the Manesar unit will roll out the new models of Swift, Swift Dzire, A-Star and SX4. In addition, there will be cost down Alto a new MPV on the lines of Versa and the combination of present models. All these face lifting are expected to be complete by another 12 months.