"We intend to export the Alto K10 to Africa, Middle East and Latin America", Amitava Roy, Vice President (Parts), told reporters soon after launching the model in Kerala.
Maruti sold 11 lakh cars in the country last year and was expecting a 10 per cent growth this year, he said.
This is the first time in the country that at the entry level a car has been fitted with automatic gear shift.
Sporting a new youthful look, the Alto K10 claims to deliver a fuel efficiency of 24.07 km per litre, a 15 per cent improvement over the previous model.
The petrol variant is priced between Rs 3.22 lakh and Rs 3.73 lakh (ex-showroom Kochi), while the Auto Gear Shift model is priced at Rs 3.97 lakh. The CNG model will cost Rs 3.99 lakh.