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Suzuki Group to invest Rs 3200 cr in motor plant in Gujarat

by Blitz India Media
January 10, 2024
in News
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Team Blitz India

NEW DELHI: In a major investment announcement,Suzuki President, Toshihiro Suzuki disclosed plans for Suzuki Group to infuse Rs 3200 crore into Suzuki Motor Gujarat.

This significant investment aims to add a new production line, marking the fourth in total, with a capacity to manufacture 2.5 lakh units per year.

Acknowledging the strong leadership and unwavering support of PMModi, Suzuki emphasized that India has now secured its position as the third-largest automobile market globally.

Suzuki also announced Suzuki Motors’ groundbreaking venture into the electric vehicle (EV) market.

Suzuki also said, “I am honoured to be invited to this ceremony. In the past 10 years, under the strong leadership and constant support of PM Modi, the Indian automobile market has been expanding steadily. As a result, India has become the third-largest automobile market in the world. Suzuki as also scaled up production capacity substantially in India.”

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