Suzuki Motors’ President Toshihiro Suzuki said that the company will roll out the first electric vehicle from its Gujarat plant by the end of this year. “We plan not only to sell this model not only in India but also export it to Japan and some European countries,” he said.
The new production line will produce an additional 2.5 lakh units every year, he said. The annual production of Suzuki Motor Gujarat will increase from 7.5 lakh currently to 10 lakh units.
Further, with the construction of a second car plant in the state, the company will likely produce another 10 lakh units per year. With this, Suzuki Motors’ annual production capacity in Gujarat would be around 20 lakh units.
India’s thriving auto market is key for Suzuki where its subsidiary Maruti Suzuki is the top carmaker by sales.
(More to come)
