Delhi/Hyderabad, Aug 26 (Maxim News): Japanese automaker Suzuki Motor Corporation on Tuesday announced that it will invest Rs. 70,000 crore in India over the next five to six years.
The investment will be used to increase production, introduce new car models, and protect its leadership position in the world’s third largest automobile market.
The announcement was made by Suzuki Motor Corporation president Toshihiro Suzuki during the launch of maruti Suzuki’s first electric SUV, the e-Vitara, at the company’s Hansapur plant in Gujarat.
Prime Minister Narendra Modi flagged off the first batch of the electric SUVs at the inauguration ceremony. The e-Vitara will be manufactured exclusively at Suzuki Motor Gujarat (SMG), a unit of maruti Suzuki India, and exported to more than 100 countries. The first shipment will leave from Pipavav port for Europe, covering markets like the UK, Germany, France, Norway, Italy and several others. Suzuki also confirmed that the electric SUV will be exported to Japan.
Toshihiro Suzuki said that the Gujarat facility is being developed into one of the world’s largest automobile hubs with a planned capacity of 10 lakh units annually.
“We chose this facility to manufacture the first battery electric vehicle, the e-Vitara, and make it a global production hub, ” he said.
Calling it a ‘historic day’ that coincided with Ganesh Chaturthi, Suzuki praised Prime Minister Modi’s leadership in driving India’s green mobility push.
Suzuki has proudly partnered in India’s mobility journey for over four decades, and we remain committed to supporting India’s vision of sustainable mobility and contributing to Viksit Bharat, he added.
India is Suzuki’s biggest market by sales and revenue, largely through its majority owned subsidiary, maruti Suzuki, the country’s top carmaker. Over the years, Suzuki has invested more than Rs. 1 lakh crore in India, creating over 11 lakh direct jobs in its value chain.
Alongside the e-Vitara launch, the company also marked another milestone by beginning production of India’s first lithium-ion battery and cell with electrodes level localisation. These batteries, used in hybrid vehicles, will now be made in India with only raw materials and some semiconductor parts imported from Japan.
Suzuki said this step is a strong push towards Atmanirbhar Bharat, and the company will follow a multi powertrain strategy to meet its carbon neutrality goals.
This includes electric vehicles, strong hybrids, ethanol flex fuel vehicles, and compressed biogas.
Following the announcement, shares of maruti Suzuki India Limited were trading higher at Rs. 14,608.10, up 1.04 per cent during intra-day trade on Tuesday. (Maxim News)
Next Story:
Leather Consignment Seizures: Asaduddin Owaisi Seeks Telangana Help
Hyderabad, Oct. 6 (Maxim News): AIMIM president and Hyderabad MP Asaduddin Owaisi has urged the Telangana government to intervene over alleged leather consignment seizures in Odisha. He has sought urgent action to protect Hyderabad-based leather traders and ensure the safe movement of their goods. In a representation dated October 6, 2026, Owaisi addressed Telangana Chief…
Andhra Woman Techie Found Dead At Gachibowli Hostel; Police Recover Suicide Note
Hyderabad, Oct 6 (Maxim News): A 28-year-old software professional allegedly died by suicide at a hostel in Gachibowli on Monday night. The victim was identified as Bandela Maneesha, a native of Prakasam district in Andhra Pradesh. According to police, Maneesha was staying at Arya Elite Hostel in Gachibowli and was working for an IT company…
KTR Sends Legal Notice To Media House Over Passport Report
Hyderabad, Oct 6 (Maxim News): BRS working president KT Rama Rao issued a legal notice to Telugu vernacular newspaper “Eenadu,” objecting to a news report published on September 29, stating that a special court had ordered temporary seizure of his passport. He demanded the withdrawal of the report within 48 hours, the publication of a…
Passenger Detained At Hyderabad Airport After Bullet Found In Luggage
Hyderabad, Oct 6 (Maxim News): The security personnel at the immigration, detained a passenger after he was found in possession of a bullet in his luggage at the Rajiv Gandhi International Airport (RGIA) on Tuesday. Here To Join Us On WhatsApp As per information available, the bullet was found during routine security checks as the…
Sourav Ganguly Named Delhi Capitals Head Coach
Hyderabad, Oct. 6 (Maxim News): Former India captain Sourav Ganguly has been appointed head coach of Delhi Capitals ahead of the next Indian Premier League (IPL) season. Here To Join Us On WhatsApp The appointment marks his first formal coaching role with the franchise. Ganguly has been associated with Delhi Capitals since 2019. He initially…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates
