Suspension Plasma Spray (SPS) is an emerging technique which overcomes the difficulties typically associated with feeding of fine (submicron or nano-sized) powders in conventional atmospheric plasma spraying (APS) to obtain superior coating properties for various engineering applications. The advent of plasma spray systems that allow axial injection of feedstock, which considerably improves thermal exchange between the plasma plume and the injected feedstock, has enabled substantial enhancement in deposition rates/efficiencies to make SPS techno-commercially exciting. The present study utilizes both the above advances in plasma spraying to demonstrate the ability to deposit novel coating architectures by sequential/simultaneous axial injection of both powder and a suspension feedstock. The results reveal that composite coatings uniquely combining the micron-size features arising from the spray-grade powder and the submicron or nano-sized features attributable to the suspension, can be conveniently realized using the above approach. Three different kinds of coating architectures were generated, namely layered, composite, and functionally graded. The sprayed coatings were extensively characterized for attributes such as surface morphology, microstructure, and composition particularly in the case of composite coatings.