Japan’s Suzuki Motor to invest $1.3 billion in India plant for electric vehicle production – media

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FILE PHOTO: The logo of Suzuki is seen on a wheel of Maruti Suzuki Vitara Brezza car during its launch in Mumbai, India, March 8, 2016. REUTERS/Danish Siddiqui/File Photo

March 19, 2022

TOKYO (Reuters) – Japan’s Suzuki Motor plans to invest about 150 billion yen ($1.26 billion) in its India factory to produce electric vehicles and batteries, Japanese media reported on Saturday.

($1 = 119.1700 yen)

(Reporting by Chang-Ran Kim and Ju-min Park; Editing by Kenneth Maxwell)

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