Suzuki Motor Corporation has announced a record investment of Rs 700 billion in India over the next five to six years, marking its most ambitious commitment to the country and positioning it as a global centre for electric vehicles (EVs) and clean mobility. The announcement was made as Prime Minister Narendra Modi and Suzuki Motor Corporation President Toshihiro Suzuki jointly flagged off the e-VITARA, the company’s first global battery electric vehicle (BEV), from the Hansalpur plant in Ahmedabad.

The investment will span manufacturing, research and development, and carbon neutrality efforts. Of the total outlay, Rs 320 billion is allocated towards expanding production capacity to 1 million units per year, Rs 232.4 billion will go towards developing new models—starting with the e-VITARA and three additional BEVs by 2030—and Rs 150 billion is dedicated to sustainability initiatives and manufacturing upgrades.

A cornerstone of Suzuki’s strategy is the localisation of over 80 per cent of EV battery value, significantly reducing India’s reliance on imports. Battery manufacturing is expected to anchor India’s role as Suzuki’s EV export hub, targeting more than 100 countries, including markets in Europe and Japan.

The roadmap also includes the expansion of hybrid and CNG vehicle offerings, and the launch of a biogas programme that will use cattle waste to produce renewable fuel—aligning with India’s clean energy objectives while benefiting rural economies.

Maruti Suzuki, Suzuki’s Indian subsidiary, plans to triple its vehicle exports to 750,000 units annually by 2030–31. Currently responsible for 40 per cent of India’s total passenger vehicle exports, the company is accelerating its reach into international markets under the government’s Make in India campaign.