Maruti and its suppliers invested INR 620 crores for the development of the car.
The India-made Maruti Ciaz will be exported to markets in Middle East, Latin America, Africa, Europe and Russia from November 2014, reports Autocar Professional.
The sedan is manufactured at the company's plant in Manesar, Haryana, and sees localization levels of 98 percent. Maruti, and its 150-200 component suppliers reportedly invested INR 620 crores in the development of the car.
While the Ciaz was developed by Suzuki in Japan, Maruti-Suzuki contributed towards its market research and consumer feedback including design. The midsize sedan is targeted towards executives in the age group of 30-40 years according to Maruti officials.
The Ciaz was launched with prices ranging from INR 6.99 lakhs to INR 9.34 lakhs for the petrol variant and INR 8.04 to INR 9.8 lakhs for the diesel variant. These prices are ex-Showroom, New Delhi and introductory.
Apart from India, the Ciaz is sold in China, albeit under the name 'Alivio'. The Suzuki Alivio is different in specification compared to the Indian model, and is manufactured in China.
It should be noted that the Suzuki Ciaz concept sedan (shown at the Auto Expo this year) was previewed for Russian audience at the Moscow Motor Show this year.
[Source - Autocar Professional]