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Gujarat will have another automobile manufacturing plant
Suzuki to set up second car manufacturing plant in Gujarat, announced in Vibrant Gujarat Summit 2024
Mr.G.Chandrasekar Jan 10 2024 Logistics News (Roadways & Railways)

Gujarat will have another automobile manufacturing plant

Japanese auto major Suzuki will set up the second car manufacturing plant in Gujarat with an investment of Rs 38,200 crores. The plant will have an additional production capacity of 1.25 million units a year the company’s CEO Toshihiro Suzuki made the announcement at the ongoing Vibrant Gujarat summit

The company will also be investing Rs 3300 crore in setting up 2.5 lakh units electric vehicle production capacity in Suzuki Motor Gujarat and additionally Rs 35000 crore in setting up of 1 million units capacity by Maruti Suzuki.

Addressing the gathering at 10th Global Summit of Vibrant Gujarat, Suzuki said, thanks to Prime Minister Mr Modi's "progressive approach" and India's growth, "we will invest in the future. Firstly, the first battery electric vehicle from Suzuki Group will be rolled out from Suzuki Motor Gujarat by the end of the year. We plan to sell this model not only in India, but also export to Japan and European countries."