Asia Bizz: Indian auto giant Maruti Suzuki has confirmed that it will be launching its newest MPV Ertiga On April 11, 2012 for the Indian market. The new much awaited vehicle by Maruti Suzuki was unveiled at the 2012 Auto Expo held in New Delhi in the month of January.

The company is yet to announce the price and said that  it will be decided after the Union Budget 2012-13 will be presented on March 16, 2012. Maruti Suzuki has also decided to reveal the number of diesel and petrol versions of the MPV Ertiga post budget.

The company aims to sell around 5,000 units of Ertiga every month after its launch. The launch of Maruti Suzuki’s Ertiga is considered as important as it will be the company’s entry in the high end multi-purpose vehicle category.

Maruti already has its presence felt in the lower as well as the middle segments with the Omni and Eeco. With the launch of the new MPV Ertiga , the car is also expected to fetch more margins for the company due to lack of competition in the segment. But the nearest rival is said to be the Xylo by Mahindra.

Maruti Suzuki’s plant in Gurgaon is manufacturing the Ertiga.