Suzuki Motor Corporation to embark on Rs 69,200 crore India drive

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Suzuki Motor Corporation (SMC) has unveiled an ambitious road map for India, earmarking ¥1,200 billion (Rs 69,201 crore) for its subsidiary Maruti Suzuki India (MSIL) between FY26 and FY31.

The corpus will be directed towards expanding production capacity, establishing manufacturing units and achieving carbon neutrality goals, the Japanese auto major said in its outlook released on Thursday.

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Category: BusinessFinance

Markets: IndiaJapan

Topics: Electric Vehicles Suzuki Motor Corporation Passenger vehicle sales Maruti Suzuki India Automobile industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 21:00:12 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 121 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 26298392

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