Suzuki to continue aggressive investment in India's auto industry

15 May 2023 CW Team

In a tweet from the Finance Ministry, Ayukawa announced that Maruti Suzuki India had increased its annual production capacity by one million units the previous month. "This could never have happened without the continuous support from the government of India," Ayukawa, who previously headed Maruti Suzuki India, noted.

He added that India is now the third-largest automobile market in the world and is expected to expand in the future. "The automobile industry requires long-term, large scale capital investment. In this regard, the consistent support by the government to the manufacturing sector is very very important, also including the PLI scheme is highly appreciative," Ayukawa said.

Suzuki Motor Corporation holds approximately 56% stake in Maruti Suzuki India. After an interaction with the Finance Minister, Ajay Singh, managing executive officer, Mitsui OSK Lines Ltd, said that the company's subsidiary had invested Rs 3,500 crore in the last year.

Executive Vice-President of the Japan External Trade Organisation, Kazuya Nakajo, said that India's investment in the expansion of logistic infrastructure is inevitable.

Finance Minister Nirmala Sitharaman, who is on a two-day visit to Japan to attend the G-7 meeting, while addressing investors, stated that India is committed to building and expanding the logistics and infrastructure sector.

As an investment destination, India has won the game, but facilitating investment is the next task, she added.

Yoshihiro Mineno, Daikin Global Business in-charge, said that the company plans to scale up manufacturing to make India a manufacturing hub.

Also Read
NMMC's road concretisation enhances infra in MIDC region
Srinagar smart city projects inaugurated by Lt. Governor Sinha

A senior official from Suzuki Motor Corporation stated that the company will continue to invest aggressively to expand the automobile industry in India. Executive VP Kenichi Ayukawa said, We will continue to make investments aggressively to grow the industry and make people happy in India and continuously contribute to Atmanirbhar Bharat. In a tweet from the Finance Ministry, Ayukawa announced that Maruti Suzuki India had increased its annual production capacity by one million units the previous month. This could never have happened without the continuous support from the government of India, Ayukawa, who previously headed Maruti Suzuki India, noted. He added that India is now the third-largest automobile market in the world and is expected to expand in the future. The automobile industry requires long-term, large scale capital investment. In this regard, the consistent support by the government to the manufacturing sector is very very important, also including the PLI scheme is highly appreciative, Ayukawa said. Suzuki Motor Corporation holds approximately 56% stake in Maruti Suzuki India. After an interaction with the Finance Minister, Ajay Singh, managing executive officer, Mitsui OSK Lines Ltd, said that the company's subsidiary had invested Rs 3,500 crore in the last year. Executive Vice-President of the Japan External Trade Organisation, Kazuya Nakajo, said that India's investment in the expansion of logistic infrastructure is inevitable. Finance Minister Nirmala Sitharaman, who is on a two-day visit to Japan to attend the G-7 meeting, while addressing investors, stated that India is committed to building and expanding the logistics and infrastructure sector. As an investment destination, India has won the game, but facilitating investment is the next task, she added. Yoshihiro Mineno, Daikin Global Business in-charge, said that the company plans to scale up manufacturing to make India a manufacturing hub. Also Read NMMC's road concretisation enhances infra in MIDC region Srinagar smart city projects inaugurated by Lt. Governor Sinha

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..