Suzuki to Invest ₹70,000 Crore in India by 2031

Suzuki Motor Corporation has announced a massive investment of ₹70,000 crore in India over the next five to six years, reaffirming its long-term commitment to the world’s third-largest automobile market. The announcement was made by Suzuki President Toshihiro Suzuki during the launch of Maruti Suzuki’s first electric SUV, the e-Vitara, at the company’s Hansalpur plant in Gujarat—a key moment in India’s push toward green mobility.

Massive Investment to Power India’s Auto Future

What the ₹70,000 Crore Will Fund

Suzuki’s investment will be directed toward,

  • Expanding production capacity in Gujarat
  • Launching new car models, especially electric and hybrid vehicles
  • Exporting EVs to over 100 global markets
  • Strengthening India’s position as a global auto manufacturing hub

The Gujarat facility, Suzuki’s epicenter for this transformation, is expected to scale up to a 10 lakh units annual capacity, making it one of the largest EV production hubs globally.

Localization and Atmanirbhar Bharat

Battery Electrode Production Begins

Alongside the e-Vitara rollout, Suzuki also initiated production of hybrid battery electrodes at the TDS Lithium-Ion Battery plant in Gujarat, a joint venture with Toshiba and Denso. These batteries will now be assembled in India, with only raw materials and semiconductor components imported.

Suzuki reaffirmed its commitment to Atmanirbhar Bharat and emphasized a multi-powertrain strategy to achieve carbon neutrality, including,

  • Battery Electric Vehicles (BEVs)
  • Strong hybrids
  • Ethanol-based flex-fuel cars
  • Compressed biogas (CBG) vehicles

India: Suzuki’s Largest Market

India remains Suzuki’s biggest global market by sales and revenue, largely driven by Maruti Suzuki, its majority-owned subsidiary and India’s top carmaker. The company has already invested over ₹1 lakh crore in the country, generating over 11 lakh direct jobs in the process.

This latest investment reaffirms Suzuki’s intent to maintain leadership in India’s evolving automobile landscape and support national goals like ‘Viksit Bharat’ and net-zero emissions.

Shivam

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