Suzuki Motor Corporation plans to invest nearly $8 billion in India in the next five to six years.

Suzuki Motor Corporation President Suzuki Shunjiro stated on August 26 that the company plans to invest 700 billion rupees in India over the next five to six years to increase production, launch new models, and consolidate market share. Shunjiro Suzuki said that the Maruti Suzuki factory in Gujarat state plans to have an annual production capacity of 1 million vehicles. Suzuki plans to use this factory as its global production center for its first electric vehicle, the electric Vitara, and export to over 100 countries worldwide.