Suzuki will invest Rs 7000 cr in India over the next five to six years, Toshihiro Suzuki, President of Global Suzuki said during the inaugural ceremony of e-Vitara on Tuesday.
The investment is aimed to increase production, launch new models and defend its market share in the world's third-largest car market, the automaker's chief said.
The company achieved major milestone with start of Lithium-ion battery cells production for its hybrid cars, Suzuki said.
Maruti Suzuki will export its electric SUV e-Vitara to 100 countries from its Gujarat plant.
India is the biggest market by sales and revenue for Suzuki Motor, which has a presence there through its majority stake in market leader Maruti Suzuki.
The investment is aimed to increase production, launch new models and defend its market share in the world's third-largest car market, the automaker's chief said.
The company achieved major milestone with start of Lithium-ion battery cells production for its hybrid cars, Suzuki said.
Maruti Suzuki will export its electric SUV e-Vitara to 100 countries from its Gujarat plant.
India is the biggest market by sales and revenue for Suzuki Motor, which has a presence there through its majority stake in market leader Maruti Suzuki.
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If these three conditions are met, Indian products will escape 50% tariff in the US