PICS: Maruti to launch Ciaz, mini SUV in next one year

In the midst of various new launches by its rivals Maruti Suzuki India is also gearing up for a launch programme. Lined up for launch in the next one year are a slew of products, including mid sized sedan Ciaz and an LCV along with compact SUV. Maruti says that these products will strengthen its hold in the domestic market. MSI has earmarked a capex of Rs 4,000 crore for this ongoing fiscal in order to support the new launches, increasing marketing infrastructure and building of stockyards, warehouses and other normal expenditure, company Chief Financial Officer Ajay Seth says.