Suzuki Motor Gujarat Private Limited (SMG), a 100% subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has completed construction of the Gujarat Plant Number-2, and has started production of the Swift.
Suzuki established SMG in March 2014, aiming to secure production ability in preparation for the automobile market growth in India, as well as for expansion of exports from India. Plant Number-1 started operating in February 2017, and Plant Number-2 and Powertrain Plant were being constructed.
Plant Number-1 produces Baleno and Swift, while Plant Number-2 produces Swift. Both plants have annual production ability of 250,000 units, which makes the ability of SMG to 500,000 units. Together with Maruti Suzuki’s production ability of 1.5m units, Suzuki’s production ability of automobiles in India will be 2m units.
Suzuki’s automobile sales in 2018 was 1.75m units (109% year- on-year) and production result was 1.87m units (108% year-on-year) in India. Along with the Plant Number-2, the Powertrain Plant also started operating, and the Company is also making a start in Plant Number-3, which is aimed to start operating in 2020. Suzuki will continuously meet the growing automobile market demand in India.
Overview of SMG
- Company name: Suzuki Motor Gujarat Private Limited
- Capital amount: INR86.8bn (US$1.219bn) (100% investment)
- Location: Ahmedabad, Gujarat (headquarters/plants)
- 2018 production result: 251,000 units