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.
Galaxy, a leading global brand of construction, earthmoving and material handling tyres, has entered the fast growing UTV/ATV segment with two flagship patterns - Hulk PSX and Everest PSX. The new ran...
Dylect, one of India’s fastest-growing lifestyle tech brands, announced the launch of its handheld cordless pressure washer gun, further strengthening its pressure washer portfolio. Built on the conce...
Nippon Paint India, part of NIPSEA Group - a subsidiary of Nippon Paint Holdings of Japan and Asia Pacific’s No. 1 paint and coatings manufacturer, announced the launch of FX10, a high-performance aut...