Suzuki to Invest ₹70,000 Crore in India by 2031 (1)
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.
What the ₹70,000 Crore Will Fund
Suzuki’s investment will be directed toward,
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.
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,
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.
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