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10 January 2024

Suzuki plans more investments in Gujarat, India with a New Greenfield Plant

Indian Prime Minister Mr. Narendra Modi (right),
and Toshihiro Suzuki, President, Suzuki

President Suzuki making speech

Suzuki’s Indian subsidiary, Maruti Suzuki India Ltd has reached an understanding with the State of Gujarat, India for construction of a new automobile production plant.
In India, a Gujarat state event called the Vibrant Gujarat Global Summit 2024 is currently being held in Gandhinagar, Gujarat in the presence of Indian Prime Minister Mr. Narendra Modi and government personnel. The basic agreement was announced during this event, with Suzuki’s President, Toshihiro Suzuki attending.

The new plant in Gujarat is aimed to start operation in FY2028-29. In the future, annual production capacity is expected to become 1 million units with total investment amount of 350 billion rupees (excluding land acquisition cost).

Suzuki also announced the establishment of a fourth production line of Suzuki Motor Gujarat Private Limited ("SMG") by investing 32 billion rupees, in view of increasing production of electric vehicles in the future. The fourth line is expected to start operation from FY2026. With the completion of the fourth line, annual production capacity of SMG will increase from the current 750,000 units to 1 million units. Combined with the new plant in Gujarat, the total production capacity in the State of Gujarat will be 2 million units.

Suzuki plans to secure a production capacity of approximately 4 million units in India by FY2030 to prepare for future expansion of automobile market in India. In addition to the new plant in Kharkhoda (State of Haryana) which is planned to start operation in 2025, with the new plant in Gujarat and the fourth production line of SMG, we will consistently promote its plan.

Speaking at the event’s speech, President Suzuki said, “In this ever-growing country, we will provide a variety of sustainable mobility options by focusing on Indian customers.”

Outline of new plant/line

Plant/Line Production capacity Investment amount
New plant in Gujarat 1 million units 350 billion rupees
Fourth production line of SMG 250,000 units 32 billion rupees

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