"The Ritz will be yet another compact car to join the company's A2 offering that includes Alto [ Images ], Zen Estilo, A-star [ Images ], Wagon R and Swift [ Images ]. The Ritz is in advanced stage of preparation for a formal launch shortly," the company said in a statement.

The car will come with the K12M engine which is BS-IV compliant. The engine is the second in the company's Kseries of engines.

"K12M engine is another example of Maruti Suzuki's commitment to take engine technology in India [ Images ] to the next level," Shinzo Nakanishi, managing director and CEO, Maruti Suzuki said.