The Japanese Chairman of the Suzuki Toshihiro Suzuki said on Tuesday that the company was investing 700 billion rupees ($ 8 billion) in India in India in India, India, Reuters reported.
This step is aimed at increasing production, starting new models and defense of its market share in the third largest car market in the world, said Toshihiro Suzuki, adding that India is the largest market with the sale and revenue for Suzuki Motor.
“Maruti’s plant in the Gujarat West Indian state will become one of the largest car production centers in the world with a planned capacity of 1 million units,” said Toshihiro Suzuki.
A new chapter, says PM modi
On Tuesday, Prime Minister Narendra Modi, while solemnly stated that “Make in India” was added on the Indian journey, “a new chapter” was added. PM also called the first global electric vehicle Maruti Suzuki, E-Vitara.
Referring to production equipment for the production of lithium-ion batteries for strong hybrid electric vehicles as a large jump “towards the Indian goal” Make in India and “creating for the world” stressed that India is now exporting electric vehicles to 100 countries and that hybrid battery electrolyte production began in the country.
PM Modi said, as he quoted, “in this heat of Ganesh Utsav, a new chapter is added to the Indian route” Make in India “. It’s a big jump to our goal “Make in India, Gore for the World”. Starting today, electric vehicles will be produced in 100 countries. Along with the fact that hybrid batteries are also starting. ”
“This day also gives a new dimension of friendship between India and Japan,” PM Modi added.
Friendship between India and Japan
The PM Modi also launched a localized production of hybrid batteries in Hansalpur in Ahmedabad.
“This day also gives a new dimension of friendship between India and Japan. In a way, for 13 years, the beginning of adolescence and adolescence is a period of wings.
PM Modi remembered the days like Gujarat CM when Suzuki was assigned to his plant in Hansalpur in 2012, he said: “Seeds in India were sown about 13 years ago.
Demography
PM Modi said at his address that India has the power of democracy and the advantage of demography.
“India has the power of democracy. India has the advantage of demography. We also have a very large group of qualified workforce. That is why it creates a mutually advantageous situation for every partner,” he said.
PM Modi called India-Japan’s relationship as a symbol of strength and stated that it reflects global confidence in India.
“It is not only a symbol of the strength of the relationship between India and Japan, but also reflects global confidence in India. In a way, companies like Maruti Suzuki have become branded ambassadors Make in India … Now, EV, which will take place in dozens of countries around the world, will be written in India,” PM Modi said.
(Tagstotranslate) EV plant
