Suzuki Motor Corp to invest Rs 38,200 crore in Gujarat
时间:2024-06-26 19:57:11 阅读(143)
Japanese automaker Suzuki Motor Corporation’s CEO Toshihiro Suzuki has announced that the company aims to invest a total of around Rs 38,200 crore in Gujarat in the coming years. The announcement was made at the Vibrant Gujarat Summit 2024, in the presence of Prime Minister Narendra Modi and Gujarat Chief Minister Bhupendra Patel.
This includes Rs 3,200 crore investment towards establishing the fourth production line of Suzuki Motor Gujarat (SMG) for increasing production of electric vehicles in the future. The fourth line is expected to start operation from FY2026, which will increase the global annual production capacity of SMG from the current 750,000 units to a million units. Combined with the new plant in Gujarat, the total production capacity in the State of Gujarat will be 2 million units.
Suzuki also plans to secure a production capacity of approximately 4 million units in India by FY2030 to prepare for future expansion of automobile market in India.
“In this ever-growing country, we will provide a variety of sustainable mobility options by focusing on Indian customers,” said Suzuki.
猜你喜欢
- Sebi gets cracking on front-running
- Nifty support placed at 16400, Bank Nifty needs to hold above 34000; Buy these stocks for gains
- Sebi imposes Rs 27 lakh fine on 2 entities for violating regulatory norms
- Stocks to buy- HDFC Bank, HCL Tech look strong on charts; Nifty may hit 15,050 if Bank Nifty performs well
- Stock markets settle with gains; logs 4th day of rally
- Sebi proposes insider trading rules for mutual funds
- Nifty set to hit 18000 in coming weeks amid Q2 earnings, festive season; Bank Nifty support at 38000; Buy TCS
- Nifty to head towards 18800 or correction on cards- 7 key things to know before share market opens
- Stocks mixed, dollar gains after robust inflation, jobs data