Maruti Suzuki's highly anticipated Ciaz SHVS hybrid sedan made its India debut with a price tag starting at Rs 8.23 lakh (ex-showroom).

Here are the highlights from the launch event:

12.46 PM: Maruti Ciaz SHVS event concludes.

12.42 PM: Maruti Ciaz SHVS comes with a price tag, starting at Rs 8.23 lakh.

Maruti Ciaz SHVS complete price list

Ciaz VDi – Rs 8.23 lakh

Ciaz VDi(O)-Rs 8.37 lakh

Ciaz VDi+- Rs 8.81 lakh

Ciaz ZDi- Rs 9.52 lakh

Ciaz ZDi+ - Rs 10.17 lakh

12.34 PM: The wait is over. India's most fuel efficient diesel model Ciaz SHVS is on the centre stage 

12.28 PM: Ciaz SHVS comes with three important features:

Auto Stop/ Start System

Regenerative Braking Function

Engine power Assist function

12.27 PM: CV Raman on the stage to tell us about the Ciaz SHVS.

12.23 PM: Maruti claims to be the first car maker to introduce the Smart Hybrid in India.

12.19 PM: RS Kalsi of Maruti on the dais to share his thoughts about the new hybrid Ciaz.

12.09 PM: With SHVS, Ciaz now becomes the most fuel-efficient model in India giving a mileage of 28.09 kmpl.

12.06 PM: Maruti Ciaz SHVS is India's first Hybrid diesel car.

12.05 PM: The launch of Ciaz SHVS is Maruti's first launch event in three months.

12.03 PM: MSI head Kenichi Ayukawa takes the stage.

12.00 PM: Maruti Ciaz SHVS hybrid launch event begins

11.50 AM : New Ciaz SHVS launch event will start in a few minutes from now.

Maruti's new Ciaz SHVS launch event will kickstart at 12 pm.

Decks have been cleared for the arrival of Maruti Suzuki's highly anticipated Ciaz SHVS mild hybrid sedan. Maruti will unveil the vehicle in India on 1 September.

The bookings for the new Maruti Ciaz SHVS (Smart Hybrid Vehicle) are already open and the new hybrid version of the sedan will be available only in diesel. The Ciaz SHVS will replace the current diesel version of the model and Ciaz's next model is set to become India's most fuel-efficient vehicle with a mileage of 28.09 kmpl. The current petrol model of Ciaz will continue as it is.

Maruti Suzuki Ciaz Hybrid
SHVS moniker stands for Smart Hybrid Vehiclegaadiwaadi.com

Under the hood, the new model will be using the same 1.3-litre turbo-diesel, but will come paired with a larger capacity battery, integrated starter generator and start-stop technology.

Maruti Ciaz SHVS Hybrid will be offered in Vdi, Vdi (O), Vdi+, Zdi & Zdi+ variants. In terms of the dimensions, Ciaz SHVS measures the same as the current model with 4,490mm in length, 1,730mm in width and 1,485mm in height. The Ciaz has a ground clearance of 170mm and a wheelbase of 2,650mm.

As for styling, Ciaz SHVS remains the same as the current model except for the 'SHVS' badge at the rear.

On the safety front, the vehicle will have airbags, anti-locking braking system (ABS), and electronic brakeforce distribution (EBD) system.

Rumours indicate that the new Ciaz SHVS will be priced at a premium of Rs 45,000 over the current model.