Suzuki Motor Corporation (SMC) has announced the commencement of work on its Gujarat plant starting January 28. The 4,000 crore car manufacturing plant will be ready by 2017.
On January 28, the foundation laying function will take place at the 700 acre plant near Hansalpur, Gujarat. The ceremony will be attended by Gujarat CM Anandi Patel, finance minister Saurabh Patel and Japan’s ambassador to India, Takeshi Yagi.
The plant, with an initial capacity of 1,50,000 units, is the company’s first facility outside Haryana. After initially proposed to be set up by Maruti Suzuki India, the plant will now be fully owned by Suzuki Motor Corporation.
Investors cried foul over the move by Suzuki to wholly own the plant, however the company stood its ground and finally it will be owned by SMC. Likely to made in this plant are the Celerio and the upcoming YCA (next-gen Wagon R) but once the capacity is raised, more vehicles might be made here.