Suzuki Motor to invest Rs 104.4bn in Gujarat for EVs and battery manufacturing

Suzuki Motor to invest Rs 104.4bn in Gujarat for EVs and battery manufacturing

Suzuki Motor Corporation (SMC) has inked a memorandum of understanding (MoU) with the Gujarat government to invest nearly JPY 150 billion (around INR 104.4 billion or $1.37 billion) for domestic manufacturing of electric vehicles (BEV) and BEV batteries. The MoU was inked during the India-Japan Economic Forum held in New Delhi in the presence of […]