Maruti Suzuki to invest $8 billion in India in 5-6 years; PM Modi calls it 'big leap' for 'Make in India' |Key takeaways

Suzuki Motor to Invest $8 Billion in India, Starts EV Production

Suzuki Motor Corp. plans to invest over 700 billion rupees ($8 billion) in India, Chief Executive Officer Toshihiro Suzuki said, underscoring the country’s growing importance for the Japanese automaker as it forays into electric vehicles production.

Maruti Suzuki to invest $8 billion in India in 5-6 years; PM Modi calls it 'big leap' for 'Make in India' |Key takeaways

The move is aimed at increasing production, launch new models and defend its market share in the world's third-largest car market, said Suzuki Motor chairman.

Suzuki Motor to invest Rs 70,000 cr in India over next 5-6 years: Toshihiro Suzuki

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 on Tuesday.

Suzuki Motor to invest US$8 billion in India over next 5 to 6 years

[HANSALPUR, India] Japan’s Suzuki Motor will invest US$8 billion in India over the next five to six years, the automaker’s CEO said on Tuesday (Aug 26), to increase production, launch new models and defend its market share in the world’s third-largest car market.