Coinciding with the 40th anniversary of its business in India, the Suzuki Motor Corporation recently laid cornerstones for a new manufacturing plant for electric vehicle (BEV) batteries in the state of Gujarat and a new production plant site in Kharkhoda, Haryana.
Investments in the two new plants support the carmaker’s aims to strengthen production capacity in India while capitalizing on the growing Indian automotive market.
Suzuki Motor Gujarat Private Limited, a Suzuki subsidiary for automobile production in India, will establish the BEV battery plant, located on the country’s western coast. Scheduled to start operation in 2026, the plant represents an investment of 73 billion rupees (U.S. $916 million).
With operations to begin in 2025, the Kharkhoda automobile plant, located near New Delhi, will be launched by Suzuki subsidiary Maruti Suzuki India Limited. Initial year production capacity is expected to reach 250,000 units. Maruti Suzuki will invest 110 billion rupees (U.S. $!.4 billion) in the plant.
The cornerstone ceremonies were attended by local and national officials, including Indian Prime Minister Narendra Modi and the Japanese ambassador to India Satoshi Suzuki, as well as Suzuki executives President Toshihiro Suzuki, Senior Advisor Osamu Suzuki, and Director and Senior Managing Officer Kinji Saito with Maruti Suzuki Chairman R.C. Bhargava and Managing Director Hisashi Takeuchi.
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