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Maruti Suzuki posted 26.9 percent growth in its total sales in August 2014.Reuters

Maruti Suzuki, the country's largest car maker, is planning to export its upcoming premium hatchback YRA to Japan.

A report in LiveMint, citing sources close to the development, claims that Maruti Suzuki is likely to become the second car maker after Ford to export Made-in-India models to overseas markets such as Japan and Europe.

The Maruti YRA is expected to make its market entry during the festive season of this year.

The report further says that in the first year of launch, Maruti is planning to produce around 80,000 units of YRA, of which nearly 60% of the models would be exported. 

The company is likely to export 5,000 units of YRA to Japan initially to gauge the response there for Indian cars and then increase the number gradually.

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The new YRA hatchback will compete against the likes of Honda Jazz and Hyundai Elite i20 in India.

Under the hood, the Maruti YRA is expected to come with 1.0 litre three cylinder turbocharged engine and a 1.3 DDis diesel engine.

The hatchback's features reportedly include steering wheel with buttons for audio and cruise control, touchscreen infotainment system, climate control, airbag deactivation button, heated front seats and central armrest in the front.