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HANSALPUR, INDIA — Japan’s Suzuki Motor has announced a major investment of ₹700 billion ($8 billion) in India over the next five to six years, coinciding with the launch of its first electric vehicle (EV) production in the country.
Chairman Toshihiro Suzuki confirmed the commitment during an event at the company’s Hansalpur plant in Gujarat, where the new e-VITARA electric SUV was officially flagged off. The facility is set to become one of the world’s largest automobile manufacturing hubs, with a projected annual capacity of one million units.
The investment will focus on expanding production capabilities, introducing new models, and strengthening Suzuki’s market position in India—currently its largest market by sales and revenue. A portion of the funding will also support the development of battery technology, including a new lithium-ion electrode manufacturing facility launched in partnership with Toshiba and Denso.
Prime Minister Narendra Modi, who attended the launch, described the initiative as a “big leap” for India’s clean mobility goals and a milestone in the country’s ‘Make in India’ and ‘Make for the World’ missions.
Suzuki plans to export its India-made EVs to over 100 countries, reinforcing the nation’s role as a global manufacturing base for sustainable automotive technologies.
Suzuki Cimanggis Picture by Akhmad Fauzi