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Investment

Maruti Suzuki announces investments in Gujarat

Toshihiro Suzuki, the President of Suzuki Motor Corporation (SMC), announced two major investments in the state of Gujarat. In the first one, Maruti Suzuki India Ltd has reached an understanding with the State of Gujarat for construction of a new automobile production plant. This new plant in Gujarat is aimed to start operation in FY2028-29. […]

Categories
Investment

Suzuki inks MoU with Gujarat govt for EVs and batteries manufacturing in India

Suzuki Motor Corporation (SMC) signed MOU with the State of Gujarat, India to invest approximately 150 billion yen (approximately 104.4 billion rupees) for local manufacturing of electric vehicles (BEV) and BEV batteries. The MOU was signed on 19 March 2022 at India-Japan Economic Forum held in New Delhi, India, in the presence of Japanese Prime […]