TOKYO/MUMBAI -- Japan's Suzuki Motor has postponed the opening of a new plant in western India, Nikkei has learned. The plant, originally scheduled to go online in April 2020, will now begin operating next July.
Suzuki's decision to postpone the startup is the latest in a string of efforts by Indian carmakers to deal with a softening market. Suzuki Motor Gujarat, a wholly owned local subsidiary, is building the new plant in the state of Gujarat. The $550 million factory will raise the company's capacity in India by 250,000 cars annually to 2.25 million.