Go Back   Team-BHP > BHP India > The Indian Car Scene

Thread Tools Search this Thread
Old 26th May 2016, 00:25   #1
Distinguished - BHPian
RavenAvi's Avatar
Join Date: Jun 2011
Location: Flying Around
Posts: 3,902
Thanked: 14,895 Times
Default Maruti-Suzuki to invest Rs 1,760 crores on new product development

Never one to rest on their laurels, the country's leading car major, Maruti-Suzuki India Limited, has disclosed at a recent investors' call that it has set aside 40% of it's massive (proposed) Rs 4,400-crore capex of this fiscal year towards new product development and strengthening it's Research & Development of platforms, engines and products.

This will help Maruti-Suzuki to build better cars that are not only more fuel efficient, but much more safer and advanced.

Maruti-Suzuki to invest Rs 1,760 crores on new product development-maruticiaz15.jpg

A big part of this future development will come from MSIL's upcoming R&D and testing facility at Rohtak, Haryana, which is being developed at a cost of Rs 2,000 crores. This new R&D facility is expected to be up and running within the next 2 years and will include a world-class test track for the company to test their upcoming cars under all possible conditions.

Parent company Suzuki has already announced it's commitment of developing 20 all-new car models by 2020, out of which 15 car models are expected to be launched in India. All this is over and above the facelifted, refreshed, and upgraded versions of their existing fleet of cars.

In a recent investors call, the company said some of the projects have got deferred to next year. So, the company has proposed a budget of Rs 4,400 crore and 40% of that will be deployed towards new product and development. Capex in 2015-16 was Rs 2400 crore.

CV Raman, Executive Director, Engineering, MSIL said the Rohtak centre will help the company to scale up. In addition, MSIL will continue to support SMC on development of global models. The facility will be ready in the next two years. He added the R&D centre in India has evolved into end-to-end development. MSIL and Suzuki Motor (SMC) complement each otherís capability in R&D.

With Rohtak in, place the company will be able to fast track model development, testing and validation, bring refreshments at a much faster pace. The company is investing around Rs 2,000 crore in the project and it is expected to be completed in two years. It will also bring in capability of validation and it will enable the company to meet the market requirement in a better way, said the company. Platforms and engines are being developed by Suzuki and Maruti Suzuki will build on India specific design and testing, he added.

Raman said, over the years, R&D in India has progressed well from just backend support to becoming the centre of excellence and now playing a major role in product development. The days are not far where the product itself can be developed by the centres in India.
Business Standard (with inputs from Rush Lane)


Maruti aiming for double-digit sales growth every year till 2020

Maruti to become bigger than Suzuki's global operations

Maruti puts together database of 1.7 crore government employees for sales targeting!

Last edited by RavenAvi : 26th May 2016 at 00:33.
RavenAvi is offline   (6) Thanks Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Rolls Royce Phantom Series II Launched @ Rs.4.50 Crores to Rs.5.10 Crores dZired Super-Cars & Imports in India 25 5th October 2012 15:32
Planning to invest in Bangalore - here is BDA's CDP(Comprehensive Development Plan) deepaktpatil Shifting gears 2 27th June 2012 20:04
Maruti Suzuki to invest 3000 crores in 2012-13! RavenAvi The Indian Car Scene 7 29th July 2011 23:00
Twin Turbo V12 - BMW 760 Sahil The International Automotive Scene 1 14th April 2009 17:58

All times are GMT +5.5. The time now is 20:21.

Copyright ©2000 - 2016, Team-BHP.com
Proudly powered by E2E Networks