Suzuki Motor Gujarat

Last updated

Suzuki Motor Gujarat Pvt Ltd
Company type Subsidiary
Industry Automotive
Founded31 March 2014;10 years ago (31 March 2014)
Headquarters Ahmedabad, Gujarat, India
Products
Production output
≈750,000 (2022)
Total equity 126.8 billion rupee
Owner Suzuki Motor Corporation (100%)
Maruti Suzuki (100%)
Number of employees
10,000

Suzuki Motor Gujarat Private Limited (SMG) is an automotive manufacturing plant owned by Maruti Suzuki India Limited, located in the Hansalpur Becharaji village of Mandal Taluka in Ahmedabad District.

Contents

The plant was opened on 1 February 2017 and has a total annual capacity of 750,000 units. [1] [2]

History

SMG was the first and only Suzuki automobile manufacturing plant in India owned directly by Suzuki as a foreign company, as the other plants are owned by Maruti Suzuki (MSI). [3] The plant supplied vehicles to Maruti Suzuki in the domestic market and to overseas markets.

In 2023, Maruti Suzuki announced plans to purchase the Gujarat plant from SMC in exchange for newly issued shares of MSI. [4] The shareholders approved the proposal in November 2023. [5]

Facility

Suzuki Motor Gujarat currently consists of four plants, the Plant A, opened in February 2017, has a total annual capacity of 250,000 and is currently assembling the Baleno. The Plant B was operational in January 2019 has a total vehicle producing capacity of 250,000 and it is currently assembling the Swift. Plant C started production in April 2021 with an annual capacity of 250,000 and is currently assembling the Dzire. [6] The powertrain plant has an annual capacity of producing 500,000 engines and 500,000 powertrains. [7]

Milestone

The plant crossed 1 million production mark on 21 October 2020, just 3 years and 9 months since it started production in February 2017. It is the fastest production site of Suzuki to reach the milestone. [8] It crossed production mark of two million units on 20 August 2022. It has achieved this milestone in 5 years and 6 months after having started production in February 2017 and this is the fastest in any Suzuki production plant. The 2 millionth vehicles produced was a Baleno with South African specifications.[ citation needed ] The plant achieved production milestone of 3 million vehicles in December 2023. The milestone was achieved within a span of around 6 years and 11 months, making it the fastest to manufacture 3 million units across all Suzuki-run facilities.

Current production

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References

  1. PTI (31 May 2016). "Suzuki Motor Gujarat plant will be operational from 2017: Osamu Suzuki". Livemint. Retrieved 2 June 2020.
  2. India Today Web Desk (31 January 2017). "Production at Suzuki's Gujarat plant to begin from February 1 - Auto News". India Today. Retrieved 11 January 2021.
  3. Chauhan, Chanchal Pal (29 January 2014). "Maruti Suzuki gives up Gujarat plant to Suzuki subsidiary; says it will benefit financially". The Economic Times. Retrieved 2 June 2020.
  4. "Japan's Suzuki to get bigger stake in India's Maruti after sale of plant". Reuters. 8 August 2023.
  5. "Maruti gets nod from shareholders to fully acquire Suzuki Motor Gujarat". The Economic Times. 23 November 2023.
  6. Staff Writer (3 April 2021). "Suzuki Motor Gujarat starts production at third plant in Ahmedabad facility". mint. Retrieved 9 April 2021.
  7. "Suzuki's Gujarat Plant C in India Starts Operation" (PDF). 2 April 2021. Retrieved 3 May 2021.
  8. Staff Writer (22 October 2020). "Suzuki Motor Gujarat achieves 1 million production mark". mint. Retrieved 10 January 2021.
  9. "Suzuki's Gujarat Plant C in India Starts Operation" (PDF). 2 April 2021. Retrieved 3 May 2021.