Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has achieved accumulated automobile production of 1 million units on October 21, 2020.
Company name:
Location:
No. of employees:
Capital amount:
Model produced:
Suzuki Motor Gujarat Private Limited Ahmedabad
Gujarat
Approx. 1,800 (as of the end of March 2020)
126.8 billion rupees (100% Suzuki investment)
Baleno, Swift
SMG becomes the fastest production site of Suzuki to reach 1 million units in just 3 years and 9 months since starting production in February2017. The model that attained this feat was Baleno, which is exclusively manufactured in India, in line with “Make in India” initiatives of the Government of India.
SMG started production of Baleno in February 2017, followed by the production of Swift in January 2018, and subsequently started production for exports in March 2018. In January 2019, the second production site, B Plant, and the Powertrain Plant started operation to meet the growing needs in India and abroad.
In FY2019, Suzuki sold approximately 1.44 million units (82% year-on-year), and produced approximately 1.58 million units (85% year-on-year) in India, of which SMG accounted for 25% of production units in India at approximately 410,000 units (141% year-on-year). Suzuki will continue its production activities to meet customer needs through securing safety by thoroughly conducting preventive measures against the spread of COVID-19 pandemic.
Reinforcing its strong presence in India’s two-wheeler safety market, Steelbird Hi-Tech India Limited has achieved a significant milestone with its popular SBA-20 helmet crossing 10 lakh units (1 mill...
Michelin announced the launch of the Michelin X Multi Energy Z2, a new-generation truck and bus tyre developed for Indian operating conditions and tested on Indian highways.
Uno Minda, a leading Tier 1 supplier of proprietary automotive solutions to Original Equipment Manufacturers (OEMs), has launched its 10-Inch active under-seat subwoofer, featuring 200W RMS power in a...