Ahmedabad: Suzuki Motor Chairman Toshihiro Suzuki announced on Tuesday that the company will invest ₹70,000 crore ($8 billion) in India over the next five to six years.

The announcement was made during launch of Maruti Suzuki India’s electric vehicle, e-Vitara, for export to 100 countries, along with the inauguration of lithium-ion battery cell production for strong hybrid vehicles.

The investment is aimed at boosting production, introducing new models, and strengthening the company’s position in the world’s third-largest car market. Suzuki highlighted that India remains the company’s largest market in terms of both sales and revenue.

He added that Maruti’s Gujarat plant is set to become one of the world’s largest automobile manufacturing hubs, with a planned annual capacity of 10 lakh units.

Suzuki has already invested over ₹1 lakh crore in India, generating more than 11 lakh direct jobs across its value chain. The e-Vitara, manufactured at Suzuki Motor Gujarat (SMG), will be exported from Pipavav Port to markets in Europe, Japan, and over 100 other countries.

Highlighting another milestone, Toshihiro Suzuki confirmed the start of production of India’s first locally manufactured lithium-ion battery and cell with electrode-level localisation at the Toshiba Denso Suzuki facility. Apart from raw materials and select semiconductor parts imported from Japan, the batteries will be built in India, aligning with the Atmanirbhar Bharat vision. DeshGujarat