Laying the foundation stone for Suzuki Motor Corporation’s twin facilities – battery manufacturing facility at Hansalpur and a vehicle manufacturing facility in Kharkhoda, Haryana,
Prime Minister Narendra Modi said “It has now been 40 years since Suzuki Motor Corporation, Japan began its India operations. I am happy to say that Gujarat has kept its promise for Suzuki.”
President of Suzuki Motor Corp Toshihiro Suzuki speaking at the event in Gandhinagar said that Japan’s Suzuki Motor Corporation will set up a new global research and development company in India. The new company will be wholly owned by Suzuki Japan and would help Suzuki strengthen its R&D competitiveness and capabilities not only for India but also for global markets, Suzuki said.
“India has become one of the most important countries for the Suzuki Group,” Suzuki said, adding that it would continue to invest in India aggressively.
“India has become one of the most important countries for the Suzuki Group. In the last fiscal, Suzuki Group produced about 28 lakh automobiles all over the world. Out of those, more than 16 lakh units, or about 60 percent, were produced in India. Also, exports from India reached a highest ever record of about 2.4 lakh units last year. Today, India plays a significant role as a global automobile production hub in the Suzuki Group,” added Suzuki.
“We have also started commercial production and export of lithium-ion battery cells in Gujarat. We are now preparing the production of EVs and EV batteries in Gujarat with a total investment of over Rs 10,000 crore.”
