Suzuki Motor Corporation has made a massive Rs 70,000 crore investment plan for India for the next 5–6 years, its biggest ever financial outlay in the country. The plan is aimed at making India a global hub for electric vehicles (EVs) and clean mobility.
Prime Minister Narendra Modi, alongside Suzuki Motor Corporation President Toshihiro Suzuki, inaugurated the e-VITARA—Suzuki’s first global battery electric vehicle (BEV)—at the Hansalpur plant in Ahmedabad, ushering in a new chapter of India-Japan collaboration in the automotive sector.
The investment will cover manufacturing, research and development, and greenfield projects. The total, Rs 32,000 crore, will go towards increasing the production capacity to 1 million units per year, and Rs 23,240 crore towards new models, of which four will be BEVs by 2030, starting with the e-VITARA. Another Rs 15,000 crore will be invested in carbon-neutral goals and the improvement in manufacturing quality.
“Suzuki’s commitment to localizing over 80% of EV battery value will significantly cut India’s import dependence,” the company stated. Battery production is central to Suzuki’s plan to make India an export hub for EVs to more than 100 countries, including Japan and European markets.
In addition to electric vehicles, Suzuki’s strategy encompasses expanding hybrid and CNG offerings and launching a biogas project that converts cattle waste into renewable fuel—supporting India’s clean energy ambitions while benefiting rural communities.
Maruti Suzuki, the Indian arm of Suzuki, plans to triple its exports to 7.5 lakh units a year by 2030-31. Already making up 40% of India's passenger vehicle exports, the company is increasing its footprint in new markets through the government's "Make in India" programme.
By 2030, Suzuki-Maruti aims to achieve a 50% market share in India and position itself as a leader in EV production, sales, and distribution around the world. "India is not just a manufacturing base—it's our strategic growth engine," Toshihiro Suzuki underlined.
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