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Suzuki pledges Rs 70,000 cr investment in India over next 5-6 years

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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.
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