Maruti Suzuki to launch \’completely made in India car\’ by 2012
Maruti Suzuki India\’s \’completely made in India car\’ will hit the roads by 2012 and the company is likely to finalise the design within the next six months.
According to people in the know of the project for the car, the company will finalise the design, engine size and how to position it in the market within the next six months.
\”It is likely that the made in India car will be positioned along with MSI\’s its best selling model Alto,\” a source said.
Internally MSI has set 2012 as the launch target, the source added. At present MSI still depends on parent Suzuki for its future model design and development programme.
It is, however, spending around Rs 1,500 crore over the next 3-4 years at its R&D centre at Rohtak — Suzuki\’s only such significant centre outside Japan — to scale up its vehicle development programme and become self reliant.
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