Toshihiro Suzuki, the global CEO of Suzuki Motor Corporation, has disclosed that Maruti Suzuki intends to invest Rs 38,200 crore in Gujarat, leading to an additional production capacity of 1.25 million units in the state. Furthermore, Maruti Suzuki is allocating Rs 3,200 crore to establish a production capacity for 2.5 lakh electric vehicles in Suzuki Motor Gujarat and an additional Rs 35,000 crore to set up a 1 million units capacity by Maruti Suzuki. Speaking at the 10th Global Summit of Vibrant Gujarat, Suzuki praised Prime Minister Modi’s progressive approach and India’s growth, emphasizing plans to roll out the first battery electric vehicle from Suzuki Group in Gujarat by the year-end, with intentions to sell it not only in India but also export to Japan and European countries.
Suzuki outlined the company’s future expansion, including a Rs 3,200 crore investment in Suzuki Motor Gujarat for a new production line, increasing the annual production capacity from 7.5 lakh units to 1 million units. Under Narendra Modi’s leadership, Suzuki highlighted India’s steady expansion in the automobile market, making it the third-largest market globally. Suzuki expressed a long-term commitment to Gujarat, stating a total annual production capacity of 2 million units in the state, divided between Suzuki Motor Gujarat and a second new plant.
Gujarat has become a preferred location for automakers due to its business-friendly environment, proximity to the western coast facilitating easy export and import, with Tata Motors, MG Motors, Mahindra & Mahindra, and Hero MotoCorp also having manufacturing plants in the state. Maruti Suzuki’s new electric vehicle facility, along with Tata Motors’ Sanand factory, positions Gujarat as a key electric car hub in the country. Additionally, Maruti Suzuki is exploring various alternatives to reduce greenhouse gas emissions, including CNG, biogas, bioethanol, and green hydrogen.
Maruti Suzuki currently operates manufacturing facilities in Manesar and Gurugram, along with the Suzuki Motor Gujarat factory. Plans are underway to increase the overall output to four million units by 2030-2031, with ongoing capacity expansion in Kharkhoda, Haryana. The company is investing Rs 18,000 crore for the Kharkhoda plant, targeting an annual production capacity of up to one million vehicles. The first phase of the Kharkhoda plant is expected to be commissioned by 2025. Maruti Suzuki, with 18 models in its portfolio, is set to launch its first battery electric vehicle in India by the end of this year and plans to introduce five more electric vehicles by the end of the decade. Suzuki Motor Corp, the parent company, has announced a global investment of 4.5 trillion yen (Rs 2.82 trillion) for its electrification drive by 2029-30.
