Suzuki Drives ₹700B India EV Commitment

From Gujarat to the globe, Suzuki kicks off India’s first eVitara EV, unveiling an ambitious ₹700 billion push to electrify mobility and double production by 2030.

Suzuki Motor Corporation (SMC) will invest ₹700 billion (around $8 billion) in India over the next five to six years, chairman and president Toshihiro Suzuki announced on Tuesday.

The declaration came as Prime Minister Narendra Modi flagged off commercial production of the company’s first battery electric vehicle (BEV), the eVitara SUV, at its Hansalpur plant in Gujarat.

The Prime Minister described the facility as a ‘big leap’ for India’s manufacturing ambitions under the Make in India initiative. The eVitara, first unveiled at the Bharat Mobility Global Expo last year, is the first of four BEVs planned by Suzuki by 2030.

The Hansalpur site currently produces 750,000 cars annually across three lines. It is being scaled up to one million units, with the automaker positioning it as a global hub for EVs.

- Advertisement -

This facility was chosen to build and export to over 100 countries, including Japan and Europe, Toshihiro Suzuki said. He added that India’s first locally made lithium-ion battery cells, to be used in hybrid vehicles, also mark a significant milestone.

Maruti Suzuki, the Japanese group’s Indian subsidiary, targets producing 67,000 EVs in FY26, with annual exports projected to be between 50,000 and 100,000 units. However, chairman RC Bhargava clarified that the domestic launch of the eVitara will follow only after localisation improves.

Exports may start first, but he is cautious that importing large volumes of batteries will make EVs expensive for Indian buyers.

Bhargava also highlighted affordability as a challenge for mass adoption of EVs, suggesting that wider uptake will depend on rising consumer incomes.

India remains Suzuki’s largest market, contributing over 61% of its global output. With a 40% market share through Maruti Suzuki, the company aims to double its local production capacity to 4 million vehicles by 2030.

- Advertisement -
Loading form…
Shubha Mitra
Shubha Mitra
Shubha Mitra is an Assistant Editor at EFY, keenly interested in policies and developments shaping the electronics business.

Industry's Buzz

Anoop Kumar Rai Takes Charge as BEL Director (Marketing)

0
Beyond defence applications, Rai has driven BEL’s diversification into civilian infrastructure Bharat Electronics Limited (BEL) has appointed Anoop Kumar Rai as its Director (Marketing), effective...

BEL Appoints Ambrish Tripathi as Director (Human Resources)

0
Tripathi’s appointment comes as BEL continues to expand its capabilities across defence and strategic technologies Bharat Electronics Limited (BEL) has appointed Ambrish Tripathi as Director...

Suzlon Adds 250 MW Torrent Order, Crosses 1.1 GW in FY27 Orders 

0
Suzlon has secured a 250 MW wind energy order from Torrent Green Energy, taking their cumulative partnership to more than 1.3 GW across three...
Chip Making (representational Image)

India to Revise Semiconductor Rules Within Two Months, Says Piyush Goyal 

0
The planned changes aim to simplify approvals and make it easier for semiconductor manufacturers to source equipment and components from global suppliers.  India will amend...

North American EMS Book-to-Bill Ratio Rises to 1.29 in July 2026

0
The Association cautioned that month-to-month movements can be affected by seasonality and short-term volatility The North American electronics manufacturing services (EMS) sector recorded a book-to-bill...

Learn From Leaders

(L-R) Nikesh Gondchawar, Strategic & Technical Advisor – Robotics Manufacturing; Shrikrushna Kakade, Founder Partner; Nikhil Kakade, Senior Technical Advisor – Robotics & Control Systems, SlightGen Solutions LLP

“A Made-In-India Robotic PCB Soldering System That Automates The Through-Hole Soldering Process!” – Shrikrushna...

0
Electronics manufacturing is complex, and automation often comes at a high cost. To bridge this gap and offer a more affordable solution in India,...
Navdeep Narula, Executive Director, Client and Endpoint Solutions, Ingram Micro, India

“Enterprise Computing Is Shifting From CPU to GPU And Now Toward NPU-Based Systems ”...

0
The shift from CPU to GPU to NPU-based computing is redefining today’s enterprise endpoints. In an exclusive conversation, Navdeep Narula from Ingram Micro discusses...

India’s Robotics Push Opens New Hardware Opportunities

0
How do you build India’s physical AI future when critical robot components still come from overseas? Niqo Robotics reveals where the gaps remain.  India’s push...
Gadhadar Reddy, CEO and Founder, NoPo Nanotechnologies

How A Material Thinner Than Human Hair Could Transform EV Batteries And Electronics –...

0
What if a material 200,000 times thinner than a human hair could transform EV batteries, semiconductors, and advanced electronics? NoPo Nanotechnologies is making that...
Raja Rajeev Kumar, Mentor at IIT Startups, Chairman of the Board of Trustees, LaxmiRamaVarma Holdings International, and Founder and CEO, ChromoSoul Ventures

“Build Strong Startups, and Funding Will Follow”- Raja Rajeev Kumar, IIT Startups, LaxmiRamaVarma Holdings...

0
While AI and software startups attract attention and capital, electronics ventures often struggle for both. Raja Rajeev Kumar from IIT Startups, LaxmiRamaVarma Holdings International...

Startups

(L to R) C2i Semiconductors Founders—Vikram Gakhar, Founder & Director, Mixed Signal; Preetam Tadeparthy, Founder, CTO, VP, Engineering; Ram Anant, Founder & CEO; B.S. Dattatreya, Founder & Director, Power

Bengaluru Startup Targets AI Data Centre Power Delivery

0
C2i is building power systems that can help AI servers use electricity more efficiently and reliably. Two friends, Ram Anant and Preetam Tadeparthy, were working...
(L-R) Sri Kusulu Devalla, Co-Founder and Hetendra Singh Rathore, Founder, Segritech

“We don’t just sort fruit; we match every quality grade with the right buyer.”...

0
An agritech startup has developed an AI-powered machine that sorts and grades fruits directly on farms, helping reduce post-harvest losses by connecting produce with...
Akshar Vastarpara, Founder and CEO, Vicharak

“Our SBCs Are Designed As Complete Edge-Computing Platforms That Combine Everything On A Single...

0
An Indian startup builds affordable edge AI boards for robots, drones, and industry, positioning them as Raspberry Pi alternatives. In an EFY interview with...
Dr Naveen Yanduru, CEO, Axiro Semiconductor Private Limited

“India Can Lead In IP—If It BacksIts Own Builders”

0
Axiro Semiconductor designs RF and satellite chips, ships millions worldwide, and retains its startup mindset while tackling complex technical challenges. In a conversation with...
Dr Sanjay Ahuja, Founder and CEO of Cionlabs, India

“We are solving India-specific challenges rather than offering generic ‘black box’ IoT solutions.”

0
From hybrid mesh networking to AI-enabled edge devices, an Indian IoT startup is developing home-grown solutions to improve connectivity, strengthen privacy and support the...