The vehicle manufacturing facility in Kharkhoda, Haryana, will have the potential to make one million passenger vehicles per year. This would make the unit one of the largest passenger vehicle manufacturing facilities at a single location in the world. The first phase of the project will be set up with an investment of over Rs 11,000 crore.
Suzuki Motor Corporation on Sunday announced the setting up of a new research and development (R&D) center in India. This comes even as Prime Minister Narendra Modi laid the foundation stone for an electric vehicle battery manufacturing plant of the company at Hansalpur in Gujarat.
During an event at Mahatma Mandir in Gandhinagar on Sunday, Modi laid foundation stones for the EV battery unit at Hansalpur and Maruti Suzuki’s upcoming manufacturing plant in Kharkhoda, Haryana. The facility at Hansalpur will be set up with an investment of around Rs 7,300 crore. It would manufacture advanced chemistry cell batteries for electric vehicles.
On the other hand, the vehicle manufacturing facility in Kharkhoda, Haryana, will have the potential to make one million passenger vehicles per year. This would make the unit one of the largest passenger vehicle manufacturing facilities at a single location in the world. The first phase of the project will be set up with an investment of over Rs 11,000 crore.
“We are pleased to announce that we have established a new company, Suzuki R&D Center India. Suzuki, Japan wholly owns this new company. We aim to strengthen our R&D competitiveness and capabilities in new technology fields not only for India but also for the global markets,” said Suzuki Motor Corporation president T Suzuki.
According to T Suzuki, over the years, India had become one of the most important countries for the Suzuki Group. “During the last financial year, Suzuki Group produced about 2.8 million automobiles across the world. Of those, more than 1.6 million units, or about 60 percent, were produced in India. Also, exports from India reached the highest ever of about 240,000 units last year. Today, India plays a significant role as a global automobile production hub for the Suzuki Group,” Suzuki added.
Modi also said that India had announced, during the climate meet COP26, that it will achieve 50 percent of its installed electrical capacity from non-fossil sources by 2030.
“We have set a Net Zero target for 2070,” said Modi, while talking about Maruti Suzuki’s efforts towards biofuel, ethanol blending, and hybrid EVs. Modi also suggested that Suzuki start work on projects related to compressed biomethane gas.
