News > Japan's Suzuki Motor to invest $1.3 billion for EV production in India: Report

Japan's Suzuki Motor to invest $1.3 billion for EV production in India: Report

Japan's Suzuki Motor plans to invest about 150 billion yen ($1.26 billion) to produce electric vehicles and batteries in India.

Japanese Prime Minister Fumio Kishida visited India on Saturday to meet his Indian counterpart, Narendra Modi. Suzuki's investment plan will be part of an announcement by Kishida during his trip of plans to invest 5 trillion yen over the next five years in India.