Suzuki to Invest 1,200 Billion Yen Over 6 Years in Electrification Push

Suzuki Motor Corporation has unveiled a new mid-term plan, committing 1,200 billion yen (approximately $8 billion) investment between 2025 and 2030. The plan positions India as a global hub for electric vehicle (EV) production and exports. Suzuki aims to launch four new EVs in India by 2030, expand its MPV and SUV lineup, and increase exports to the Middle East and Africa. The firm is targeting increasing manufacturing capacity to 4 million units to cater to both domestic and global demand, hoping to regain 50% market share in India.

 

Source: CNBC TV18