Maruti Suzuki, the nation’s car market chief identified for its small and inexpensive automobiles, is making a giant shift to sport utility autos, and may have a variety of SUVs priced as much as ₹20 Lakh within the subsequent three years.

The maker of the Alto and Wagon R intends to launch 4 new SUVs beginning at ₹10 lakh, including extra choices to the Vitara Brezza for purchasers who need to improve from a small automobile to a Maruti Suzuki SUV, individuals with information of the plans mentioned.

The corporate believes the dearth of upgrading choices in SUVs in its portfolio was taking such clients to rivals like Hyundai, Kia, Mahindra & Mahindra and

, which all supply a variety of merchandise priced ₹10-20 lakh, they mentioned.



Whereas making an attempt to fill that hole in its product line, the native unit of Japan’s Suzuki Motor will even be taking its core USP of gasoline effectivity into the SUVs.

The brand new vary of SUVs will supply CNG and hybrid techniques together with petrol powertrains, permitting it to supply double-digit gasoline effectivity in massive SUVs too, the individuals mentioned.

A

spokesperson instructed ET that buyer preferences have been evolving and that the corporate was constantly working at bringing new merchandise by carefully monitoring the market tendencies and buyer calls for.

Co could Launch Futuro Idea

“Nonetheless, as per our coverage, at the moment we can not give any future steerage on new product traces. We’ll share with you related particulars in due time,” the spokesperson added.

In a presentation shared with sellers in November, Maruti Suzuki knowledgeable the channel companions that the corporate would have 4 new choices within the SUV section, ranging from a compact sub-four-metre automobile to a 4.4-metre, seven-seat SUV.

Together with these, the corporate goals to have a portfolio of greater than half a dozen utility autos in India, together with its current UVs just like the Ertiga, the individuals mentioned. Very like the automobiles, Maruti Suzuki intends to have an possibility at each ₹50,000 worth level within the SUV vary, they mentioned.

It markets the Ignis as an ‘city SUV’, with costs starting from ₹5.5 lakh to ₹8.5 lakh. The corporate is anticipated to launch the Futuro idea crossover on the Baleno platform, codenamed YTB, in 2022 to tackle the Tata Nexon.

The YTB crossover will sit alongside the Vitara Brezza, which is due for a facelift. The YTB and the Brezza are positioned within the ₹ 8-12 lakh vary.

It’s going to deliver within the Suzuki Jimny off-roader, codenamed YWD, which can include three-door and five-door choices to tackle the Mahindra Thar. It’s prone to be priced ₹10-15 lakh.

Automobiles in Tieup with Toyota

Two autos developed in affiliation with Toyota Motor as a part of their international partnership will probably be launched subsequent 12 months and the 12 months after.

A 4.2-metre SUV, internally codenamed the YFG, will place itself in opposition to the Hyundai Creta, whereas the bigger 4.4-meter automobile will tackle the Tata Safari and Mahindra XUV 700. These are prone to be positioned within the ₹10-20 lakh vary.

These new fashions are prone to deliver an incremental output of near half 1,000,000 models within the coming two to 3 years, mentioned one among 4 individuals within the know ET spoke to.

Consultants say, identical to Maruti’s entry into sub-4 meter SUV market with Brezza a number of years in the past expanded the section, the brand new launches are additional anticipated to supply a fillip to the already rising SUV market in ₹10-20 lakh house. Maruti Suzuki senior government director Shashank Srivastava in a current interview to ET had mentioned if different international markets have been a precedent, the SUV section ought to develop to round 45-48% of the Indian market from 39% at current, which advised additional headroom for progress within the section.