TOKYO -- Japan's Suzuki Motor on Thursday said it will invest 1.2 trillion yen ($8 billion) in India over six years, as it ramps up its production capacity and cements the South Asian country as a source for worldwide exports.
As the automaker disclosed its new medium-term management plan, which ends in March 2031, its president, Toshihiro Suzuki, said in a news conference, "We will build our production capacity of 4 million units per year [in India] to meet the demand in India and to expand as an export base."
