The sales deceleration has not discouraged the auto giant, Maruti Suzuki India, from making big proposals for its forthcoming light commercial vehicles’ (LCV) project.
India’s largest car maker will make entry in the light commercial vehicle zone during the next few years, and the Made-in-India LCVs will hit the African, South East Asian as well as Middle Eastern zones.
In H1FY13 period, the light commercial vehicles section in the country has managed to register an increase of approximately 20%, and this expansion has been driven primarily by sturdy demand from small commercial vehicle (SCV) sub section.
Strong redistribution demand coupled with growth in fast-moving consumer goods (FMCG), pharmaceutical has helped demand for this section. The light commercial vehicles section is likely to swell by 10 per cent in this year.
Keeping in mind the healthy demand, the company has planned for capacity accumulation for the light commercial vehicles project.
The light commercial vehicle section is likely to obtain power from 800 cubic centimeters (cc) 2 cylinder diesel engine, which the company has been fabricating for its array of small vehicles.
The section head TATA ACE will be targeted by foray of this light commercial vehicle.
Giants such as Force motors, Ashok Leyland and Mahindra are also present in the mini pick-up truck market with M&M offering CRDi know-how on the Maxximo’s engine.
But, the Tata Ace carries on dominating the mini pick up truck zone with its vigorous and straightforward design. The innovative light commercial vehicle from Maruti Suzuki is likely to join production line by the year 2016 from the vehicle manufacturer’s Gujarat facility.
An innovative assembly line is expected to be dedicated for the Y9T’s assembly. Aside from this, the company has also proposed a small vehicle nicknamed the YL7 and a compact sport utility vehicle.
The company has also planned to export the said vehicles in bordering countries like Indonesia and Thailand, with exports proposed for markets in the African, South East Asia and Middle East in addition.