Maruti Suzuki to Launch 15 New Models by 2020 in India

SMC President T Suzuki has said that the company plans to launch 15 new models in India by 2020 and this will cover all the segments - from small cars to SUVs. The company had made it clear that it wants to reach a target of selling three million cars annually and introducing more products is one way to go about it.

By Ameya Naik

1 mins read

Published on September 17, 2015

Highlights

It's always interesting what Maruti Suzuki brings to the table every time it launches a car. It does something different and has always served as a benchmark to other manufacturers. However, times are changing and with new manufacturers bringing in innovative products and creating niche segments, it's all about how Maruti Suzuki will cope with the changing trend. SMC President T Suzuki has said that the company plans to launch 15 new models in India by 2020 and this will cover all the segments - from small cars to SUVs. The company had made it clear that it wants to reach a target of selling three million cars annually and introducing more products is one way to go about it. Also Read: Maruti Suzuki Baleno Ready for India But India, and we mean Maruti Suzuki will play a significant role in the development of the brand in global markets. The company has already started production of the Baleno hatchback in India and the car showcased in Frankfurt was built at the company's India plant. Suzuki went on to state that "In the last few years we have been building capability of Maruti Suzuki so that we can develop vehicles which match Indian requirement but (going forward) I want Maruti Suzuki to be able to develop vehicles for Suzuki's global markets" The company is also looking at entering into markets like Africa and Middle East. MSI, which currently accounts for 40 per cent of SMC's total sales, is expected to increase it to 60 per cent by 2020 and that is a significant rise. With more cars pouring out of the Maruti Suzuki stable, we can only wonder what's in store.