suzuki to set up new global research company in india

GANDHINAGAR (India): Japan’s Suzuki Motor Corp will set up a new global research and development company in India and continue to invest in the country aggressively, its president, Toshihiro Suzuki, said today.

The new company, a wholly owned unit of Suzuki Japan, would help the Japanese carmaker strengthen its R&D competitiveness and capabilities not only for India but also for global markets, Suzuki said during an event in Gandhinagar, the capital of the western state of Gujarat.

“India has become one of the most important countries for Suzuki Group,” he said at the event attended by Indian Prime Minister Narendra Modi and his Japanese counterpart Fumio Kishida, adding that Suzuki would keep investing in India.

Commemorating 40 years of Suzuki in India, Modi laid the foundation stones of two major projects – a Suzuki electric vehicle battery plant in Gujarat and a Maruti Suzuki car-making facility in the northern state of Haryana.

Suzuki is the majority owner of Maruti, which dominates India’s car market with its small, low-cost vehicles. But the company faces growing competition as buyers shift to bigger cars such as sports-utility vehicles (SUVs) and regulators demand safer and greener cars, pushing up costs.

For Suzuki, India is one of the biggest markets in terms of revenues and profit and one where it has so far invested 650 billion rupees ($8.1 billion) to support Maruti and ensure it maintains its leadership position.

More than 60% of Suzuki Group’s 2.8 million automobiles produced all over the world last year were made in India, company president Suzuki said today.

Suzuki started producing cars in Gujarat in 2017 for Maruti and for export to countries including Latin America and Africa.

In March, the Japanese carmaker said it plans to invest 104.4 billion rupees (RM5.8bil) in its India factory to produce electric vehicles (EVs) starting 2025 and batteries a year later. The plant has an annual capacity of 750,000 cars.

Keyword: Suzuki to set up new global research company in India

CAR'S NEWS RELATED

Maruti Suzuki Grand Vitara to be launched on September 26

The Grand Vitara will be sold alongside the Toyota Urban Cruiser Hyryder. Maruti Suzuki will launch the new Grand Vitara in India on September 26, 2022. It will be sold alongside the Toyota Urban Cruiser Hyryder. Bookings for the SUV have already commenced. The Grand Vitara will be available in six ...

View more: Maruti Suzuki Grand Vitara to be launched on September 26

The best deals on Suzuki S-Presso models, on AutoTrader

Suzuki S-Presso listings from R100 000 to R150 000 1. 2020 Suzuki S-Presso 1.0 GL+ 2. 2021 Suzuki S-Presso 1.0 GL 3. 2021 Suzuki S-Presso 1.0 GL+ Suzuki S-Presso listings from R150 000 and up 1. 2022 Suzuki S-Presso 1.0 GL 2. 2022 Suzuki S-Presso 1.0 GL+ 3. 2022 ...

View more: The best deals on Suzuki S-Presso models, on AutoTrader

A makeover miracle! How the slow-burn Suzuki Ignis 'light SUV' went from zero to hero in Australia

The Ignis’ 2020 facelift brought more aggressive detailing, such as grille bars, bulkier bumpers and wheel arch extensions. Suzuki has had an unexpected hit on its hands in recent years, in the unlikely shape of the Ignis “light SUV”. But it wasn’t always the case for Suzuki’s cheapest model ...

View more: A makeover miracle! How the slow-burn Suzuki Ignis 'light SUV' went from zero to hero in Australia

Which is better Honda Amaze or Suzuki DZire

Amaze-ing DZire Space and Convenience Engine size and type Fuel Consumption In the battle of the entry-level city car, there are two manufacturers that stand head and shoulders above all others. Honda and Suzuki both offer very competent machines but which one is better? Amaze-ing DZire Small, cheap, city ...

View more: Which is better Honda Amaze or Suzuki DZire

Next-gen Suzuki Vitara: What we know so far, including Toyota hybrid tech, a bold new look and maybe even a name change!

The next-gen Suzuki Vitara will likely borrow heavily from the overseas Grand Vitara. (Image: Thanos Pappas) The next-generation Suzuki Vitara is shaping up as the company’s first electrified model range for Australia, paving the way for every successive SUV and passenger car released thereafter. Due out around 2025, the ...

View more: Next-gen Suzuki Vitara: What we know so far, including Toyota hybrid tech, a bold new look and maybe even a name change!

All-new 2023 Suzuki Swift rendered, looks suspiciously like the old one

Rendered image by BestCarWeb The current fourth-generation Suzuki Swift has been around since 2017 and its replacement model is nearing. Following spyshots of a prototype doing its rounds in Europe, BestCarWeb has posted their predictions for the next-generation Swift. Photo credit: BestCarWeb First is the new generation Swift’s platform. ...

View more: All-new 2023 Suzuki Swift rendered, looks suspiciously like the old one

Beloved Suzuki SX4 to return? A sub-Vitara hybrid small SUV set to scare off the Toyota Yaris Cross, MG ZS and Mazda CX-3 as Suzuki expands its crossover range

The first Suzuki SX4 was the work of car design great, Giugiaro, and remains a favourite amongst brand fans and used car buyers. Suzuki is rumoured to be working on a small SUV to slot underneath the Vitara and take on the likes of the popular Toyota Yaris Cross, ...

View more: Beloved Suzuki SX4 to return? A sub-Vitara hybrid small SUV set to scare off the Toyota Yaris Cross, MG ZS and Mazda CX-3 as Suzuki expands its crossover range

Everything you need to know about the Suzuki Dzire

Is the Suzuki Dzire a good car?  Who is the Dzire a good car for? Is the Suzuki Dzire a good first car? Is the Suzuki Dzire a good family car? Is there a Hybrid Dzire? What’s it like to drive?  Reviewer’s opinion What does it look like? What ...

View more: Everything you need to know about the Suzuki Dzire

2022 Maruti Suzuki Grand Vitara First Drive Review

Maruti Suzuki Grand Vitara First Drive Review - Iconic Badge Returns With New Sparky Tech

Maruti Suzuki Baleno Cross Spied Again - LED Headlights, Alloy Wheels & More

PIMS 2022: The Ertiga Hybrid shows Suzuki’s pivot to electrification

All You Need To Know About The Maruti Suzuki Swift CNG

Maruti Suzuki Grand Vitara Receives 53,000 Bookings - Strong Hybrid Variants In Almost Equal Demand

2022 Maruti Suzuki XL6 - The Perfect 6-Seater MUV?

Kia Carens vs Maruti Suzuki XL6 Comparison Test: The Better Six Seater

How to improve the braking performance of my Suzuki Gixxer SF

PIMS: Suzuki Philippines Shows 2023 Ertiga Hybrid

Toyota Corolla Cross hybrid buyers take note! Suzuki Vitara set to go hybrid for Australia sooner than expected

Maruti Suzuki offering discounts of up to Rs 50,000

OTHER CAR NEWS

;
Breaking thailand news, thai news, thailand news Verified News Story Network