Japanese automobile major Suzuki Motor Corporation (SMC) chairman O Suzuki arrives in Delhi on Monday on a three-day visit to give a big thrust to his plans for Maruti Suzuki India Limited (MSIL), the Indian subsidiary of SMC.
This would be Suzuki's second visit to India in two months and underlines the increasing significance the Japanese car maker's Indian operations in the emerging global scenario.
Suzuki is expected to announce the "'next world car" that would be made in India at the company's new facilities in Manesar on the outskirts of the Capital, company sources told the Hindustan Times.The vehicle would be targeted at the European market.
"The making of a global car in India will be a major achievement and a recognition of Indian manufacturing, designing and engineering skills. It will put Maruti Suzuki in league with other global car majors," sources said.
Aprt from that announcement, Suzuki would also address industry chambers – the Federation of Indian Chambers of Commerce and Industry in New Delhi on Tuesday and then delegates of the Confederation of Indian Industry in Mumbai. MSIL is planning to unveil the concept global car at the Auto Expo in January next year. Underlining the significance of the plans for the global car, MSIL managing director S. Nakanishi is also expected to accompany Suzuki during his visit. MSIL's current managing director Jagdish Khattar will be stepping down on December 18.
The new 'world concept car' would be the fifth global car from the Suzuki stable after the Swift, the Grand Vitara, the SX4 and finally the Splash that is yet to be launched in India. The new global car is being developed jointly by MSIL and SMC. To accommodate the production of the car, MSIL has begun drawing plans to raise capacity of the Manesar facility from the current 100,000 units per annum to 300,000 units from 2010. The Manesar facility is spread over 600 acres and houses a car assembly plant and a diesel-engine manufacturing unit.
During his last visit, Suzuki had stressed on the increased role of research and development activities in India and announced investments in this regard. The new facility, which would come up in an area of 500 acre, would also house a vehicle test track. MSIL has approached the Haryana government for allotment of land.