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The Times of India

Business

TNN

In 40th year, Suzuki to make aggressive India investments

India Toshihiro Suzuki Suzuki Motor Corporation Narendra Modi RC Bhargava Gujarat Kharkhoda Haryana Chennai lithium

CHENNAI: Suzuki Motor Corporation will invest ‘aggressively’ in India, a significant global automobile hub for the group, Toshihiro Suzuki, president Suzuki Motor Corporation said. He was speaking at the launch of a Rs 11,000-crore passenger vehicle production facility in Kharkhoda, Haryana – the largest in the world and a Rs 7300 crore Lithium Ion battery plant in Hansalpur, Gujarat by prime minister Narendra Modi.

Suzuki said that the Japanese carmaker has set up a new wholly-owned subsidiary in India – Suzuki R&D Centre, which will help develop new capabilities for India and the global markets. The new company will strengthen ties with Indian academic institutes and startups to develop diverse human resources for the group.

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