Suzuki lays foundation stone for new Gujarat plant
The chief minister of Gujarat, Anandiben Patel, today laid the foundation stone for the Suzuki Group’s Gujarat vehicle manufacturing plant today.
The chief minister of Gujarat, Anandiben Patel, today laid the foundation stone for the Suzuki Group’s Gujarat vehicle manufacturing plant today.
The ceremony was held in the presence of Takeshi Yagi, ambassador of Japan to India, Rajnikant S Patel, home minister of Gujarat, Osamu Suzuki, chairman & CEO, Suzuki Motor Corporation, Japan, R C Bhargava, chairman, Maruti Suzuki India and Kenichi Ayukawa, managing director, Maruti Suzuki India, at the Hansalpur premises.
The Suzuki Group will set up three plants at Hansalpur with a total annual capacity of 750,000 vehicles. The first plant is scheduled to start production in mid-2017. It is being set up at an investment of about Rs 3,000 crore, and will have an annual capacity of 250,000 units.
The vehicles manufactured at these facilities will be supplied exclusively to Maruti Suzuki India (MSIL), in line with MSIL’s aim to reach reaching annual sales of two million units in the medium term.
Speaking on the occasion, Osamu Suzuki said: “For the Suzuki Group, setting up of this new manufacturing facility in Gujarat is the start of a new era. Under the Make in India program proposed by prime minister Narendra Modi, we will set up a state-of-the-art production plant here in Gujarat, with high focus on productivity and efficiency.”
The campus, spread over 640 acres, will also have an integrated suppliers’ park.
RELATED ARTICLES
Uniproducts India targets 15% growth till FY2027, eyes new EV OEMs for NVH parts
The Noida-headquartered company, which is a leading manufacturer of roof liners, floor carpets, sound insulation materia...
Ford to build more EV software capability at Chennai tech hub
Ford Business Solutions India, which currently employs 12,000 personnel set to add 3,000 more; Ford, which is known to b...
ASK Automotive to set up JV with Aisin to sell aftermarket parts for cars
Ask Automotive will have 51% of the equity of the joint venture to be set up with Aisin Asia (Thailand) Company and Aisi...