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Suzuki Motor Corp will set up a global research and development company in India to strengthen its competitiveness and capabilities in a market set to become an electric vehicle (EV) hub.
The new company will be a wholly owned unit of Suzuki Japan.
According to Toshihiro Suzuki, India has become one of their most important markets and they will keep investing heavily in the country.
The Japanese carmaker already builds combustion engine cars in India for its local unit, Maruti Suzuki.
Suzuki will start producing EVs at its factory in Gujarat in 2025. It is also setting up a separate plant in the state to build batteries for EVs beginning in 2026.
