Kicking off the Vibrant Gujarat Summit, Japanese carmaker Suzuki Motors announced its intent to invest Rs 3,200 crore in a new production line in the existing Gujarat plant and Rs 35,000 crore towards a second plant in the state.
Suzuki Motors’ President Toshihiro Suzuki said that the company will roll out the first electric vehicle from its Gujarat plant by the end of this year. “We plan not only to sell this model not only in India but also export it to Japan and some European countries,” he said.