The number one car manufacturer of India is planning to go green.
Maruti Suzuki feels that it is the high time for the car company to introduce a green car in the Indian market. The company is considering the Indo-Thai trade pact viable for this project as it will enable the car company to buy the required car parts and accessories at a low cost.
The demand for a highly fuel-efficient car in the Indian market has prompted Maruti to drive in an eco-car. Suzuki Motor Corporation has developed a green car for the Thai market. The same will be launched in India in near future.
The Japanese car major Suzuki Motor Corporation will be launching a small car with a Euro IV engines of up to 1,300 cc under the Thai government’s special eco-car programme. This eco-car will have an excellent fuel efficiency of 20km/l and will emit less than 120 grams of CO2 emissions per km.
Suzuki Motor Corporation had earlier planned to set up a manufacturing unit with 1.38 Lakh of green car per year capacity in Thailand, with $280 million investment. But the company had to curb the plan because of the ongoing global slump. Under the Thai government’s plan, majority of these green cars were meant for exports and Suzuki Motor Corporation had earlier considered of selling 10-15% of its total production in Thailand and export the rest to ASEAN and Australia.
As the idea of exporting of fully-built cars from Thailand to India is ruled out, the Indian subsidiary of Suzuki Motor Corporation is considering on bringing knocked-down versions of the car to be assembled in India. The parent company has aided Maruti Suzuki launch half-a-dozen new cars in the past two years as it looks to expand its product portfolio and retain its over 50% market share in India.
The new eco car will certainly allure the Indian Ministry and will attract huge excise benefits and concessional tax sops.