Ad Here  
IOB on turnaround path ITC chairman calls for policy impetus to transform agriculture Hyundai to focus on SUVs and AMT variants Shriram Life clocks more than Rs.1000 crore premium in 2015-16 TI Cycles plans retail expansion to drive sales for premium bicycles Forging industry worried over lower supply of steel and its price Ode to Ratan Tata PPP model for infrastructure development Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Daimler grows sales and share in India Tata gets 4-star rating for Zest Eyes strong growth in 2016-17 TN government keen on revival of operations at Nokia complex L & T set bigger ambitions in defence business L&T profit up by 11 per cent Nissan exit shouldn’t affect ALL Back in growth mode The unexpected exit Solar installations exceed 2015 capacity in five months Mercedes-Benz sales continue to zoom Land wars Preparing for the next growth curve Right to privacy – now it’s fundamental! Record two-wheeler sales Vellayan is back, after 150 days Gamesa to set up a plant in Nellore Kone India eyes further growth in elevator market Tata Steel, ThyssenKrupp sign MoU to merge European units Hindalco – re-rating Sundram Fasteners rejigs international It takes two to tango Is this a generation gap? HPCL plans Rs.61,000 crore capex over 5-years AL wins Deming prize again TVS Automobile invests Rs.75 crore in start-up firms E.I.D Parry (India) Ltd: another sweet year From the toughest to the best year New India Assurance posts impressive show Consolidating leadership position in smartphones Smooth sailing of SAIL Welcome focus to improve rural India... Titan Company – sales recovery to kick in Rane targets Rs.5500 crore topline by 2018-19 Chinese smart phones flourish in small towns too! He excels in the nuts and bolts of entrepreneurship Are they really independent? Tata Motors bets on new launches Yamaha unveils scooter boutique L & T’s floating dock for navy Tata Motors charts investments in PV and CV businesses PSU non-life firms seek to protect share Dish TV – subscriber additions encouraging L&T bags the Mumbai Trans-harbour link order AL introduces Guru & Partner Toyota and Suzuki to introduce EVs in India by 2020 Emami – a new growth mantra Bajaj Finserv – Q1: fare well TVS Srichakra plans capacity expansion Wabco launches safety system Aurobindo Pharmacy: good turnaround Last stages Smartphone onslaught by Chinese brands Hyundai India achieves 7 mn production at Chennai factory The gainers and the losers Michelin to double Chennai capacity LVB posts 31 per cent growth in Q1 net profit Increasing market share RoC in the dock... A welcome initiative-even critics are recognised V-Guard launches app-enabled water heater system M & M unveils driverless technology for tractors A niche in FMCG business... 29 per cent jump in TCS revenues Daimler’s truck exports from Chennai cross 5000 units Singur minus Nano – victory or folly? AL secures orders for 3600 buses CAPITAL NOTES Maruti – for young buyers When small is not so beautiful… ITC – steep excise hike Carnival Films acquiring 3000 screens pan India Housing demand revival Sivasankaran enters taxi space to take on Uber and Ola Tata Motors joins compact SUV bandwagon with Nexon Tata Motors aims to be among the Top 3 global CV & PV firm
Maruti – for young buyers

Maruti Suzuki has launched a new age car Ignis to lure young car buyers by offering an attractive price range.  The petrol version is priced between Rs.4.59 lakh and Rs.6.69 lakh, while the diesel variants start from Rs.6.39 lakh and goes up to Rs.7.80 lakh. 

The company, along with its suppliers, has invested over Rs.950 crore towards development of Ignis, which comes with 98.5 per cent localisation.

Ignis comes with dual airbags, seatbelts with pre-tensioner force limiter (PTFL) and ABS with EBD as standard fitments. It is reported as compliant for pedestrian safety, side-impact and offset crash regulations ahead of regulation timeline.

Positioned in the category of vehicles such as KUV100 (which sells about 2000 units a month) and GRAND i10 (sells about 12,000 units a month), Ignis comes with a mileage promise of about 21 km/litre.

Analysts expect the Ignis to clock 6000-8000 units per month initially. 

Author :
Reported On :
Sector :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236