Automobile
Suzuki to invest 3,900 crore in Gujarat for third car plant
Japanese auto giant Suzuki Motor Corp. on Thursday announced fresh investments of about $0.6 billion or almost 3,900 crore in Gujarat to add a third car production plant at the Hansalpur facility.
This will take the Japanese firm’s total investment in the facility to about 13,400 crore. An investment of 9,600 crore was committed earlier for setting up two plants besides an engine and transmission production unit. The Hansalpur-based plant is Suzuki Motor Corp.’s first wholly-owned car plant in India.
The third plant will have a production capacity of 2.5 lakh units annually, same as the first two plants. Once all the three plants are operational, SMC’s Gujarat plant will have a total capacity of 7.5 lakh units, the company said.
The first plant at Hansalpur, which started operations in February this year, produces Baleno while the second plant along with the engine and transmission units is expected to go on stream in 2019.
The company said it expects to generate employment for 10,000 people, including suppliers, with the new investment, adding that it will also construct a hospital and school near the Hansalpur facility.
Hyundai India launched the much-awaited Creta Knight Edition in the country at a starting price of Rs 13.51 lakh (ex-showroom, all-India). This new variant is available in both petrol and diesel engine options and can be had either with a manual or an automatic transmission unit. To read more about the Creta Knight Edition, click here. In addition to this, the company has also introduced a model-year update for the Hyundai Creta with new feature additions.
The 2022 Hyundai Creta is now available in a new Denim Blue colour option and the Highline TPMS is now standard across all variants. The SX (O) trim now also gets a glossy black centre console. Furthermore, the company will offer the iMT option on the 1.5-litre petrol ‘S’ variant to further expand choices for the customers. The new S+ variant powered by a 1.4-litre T-GDi petrol engine with 7DCT now gets an additional set of features, such as –
– Smart panoramic sunroof
– 16-inch black alloy wheels
– Smartphone wireless charger
– Rear Disc Brakes
– Electronic Stability Control (ESC)
– Vehicle Stability Management (VSM)
– Hill start assist control (HAC)
– Paddle shifters
– Metal pedals
– Electric and auto-folding ORVMs
– Power window auto up/down
Mechanically, the SUV continues to be powered by the existing petrol and diesel engine options.
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