Maruti Suzuki India Limited, an automobile manufacturer, is again creating a history of sorts when it will export its model Baleno to Japan. It will be the first time that an Indian Manufacturer will be exporting cars to Japan. It will indeed give a fillip to Narendra Modi’s ‘Make in India’ push.
The decision to export cars made in India to Japan was announced by the Prime Minister Shri Narendra Modi and his Japanese counterpart, Shinzo Abe at the India-Japan Business Leaders Forum in New Delhi.
Maruti Suzuki Baleno is the first in a series of new generation platform vehicles that will be exported to Japan. Maruti is contemplating launching new UV’s in India, and it will also be exported to Japan.
CEO of Maruti Suzuki, R.C. Bhargava, said that at present, Baleno hatchback will be exported to Japan. Maruti Suzuki expects to ship 30,000 to 40,000 units annually. Earlier Maruti had announced that it plans to sell Baleno to more than 100 countries.
Suzuki is planning to make India its manufacturing hub for its cars that will be shipped around the world. Suzuki will like to get the benefits of low labor costs in India. It has a firm hold on the Indian Car Market, and this will also help to sell more in an ever-growing Indian market.