Japanese automaker Suzuki Motor Corporation will invest Rs 70,000 crore in the next five to six years in India to strengthen its operations in the country, its representative director and president Toshihiro Suzuki said .
Prime Minister Narendra Modi ohad kicked off exports of Maruti Suzuki India’s first electric vehicle e VITARA to 100 countries and also inaugurated the production of lithium-ion battery cells for strong hybrid electric vehicles at its facility in Gujarat.
Speaking at the event, Toshihiro Suzuki said, “Suzuki will invest over Rs 70,000 crore in India, over the next 5 to 6 years.”
He further said, “Suzuki has proudly partnered in India’s mobility journey for over four decades. We remain committed to supporting India’s vision for sustainable green mobility and contributing to Viksit Bharat.”
Later, in an interaction with reporters, Maruti Suzuki India chairman R C Bhargava said the investments would be for meeting the company’s target of achieving 40 lakh units annually.
