Free Press Journal

Suzuki to invest in Gujarat plant

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Gandhinagar : Japan’s Suzuki Motor Corp Thursday announced fresh investments of around Rs 3,800 crore in Gujarat to add a third car production plant.

The company along with its partners Toshiba and Denso will also invest around Rs 1,150 crore for a new unit to produce lithium ion batteries. The new investment in enhancing capacity of the Hansalpur plant will take the company’s total investment in the facility to around Rs 13,400 cre, where it has already put in Rs 9,600 crore on two plants along with another engine and transmission production unit. The Hansalpur-based plant is Suzuki’s first wholly-owned unit in India.