The announcement by Suzuki Motors to invest a whopping ₹70,000 crore in the Indian market for the upcoming five to six years is a major development for the Indian automobile sector and has added a huge positive impact to this sector.
The realization of the investment has also come to the car buyers and auto workers as it is indeed a huge technical achievement for India in the product line of Suzuki; it shows how extensively India has come to the focus of Suzuki point of view on the global market.The firm with a strong foothold in India through Maruti Suzuki has decided to sacrifice the investment for promoting electric vehicles and preparing for the future of mobility. A significant part of the investment will be directed towards the promotion of electric vehicles and setting up the infrastructure for the same like battery plants. Suzuki, while the globe is transitioning towards eco-friendly mechanisms, appears to be steadfast on its path to ensuring that the progress automakers are making does not leave India behind.For the commoners in India, it could mean the rise of electric vehicles on the streets in the near future at lower prices.
“If Suzuki were to lower the electric car price, I would immediately go for it,” expressed Ramesh Sharma, a small business owner from Delhi who is looking for a decent price option.More than the car buyers, the decision is also expected to provide thousands of job opportunities in the manufacturing, sales, and supply chain industry. Automobile specialists stated that along with the advantages to Suzuki, the decision will also provide a significant mark to India in the establishment of a sustainable vehicle ecosystem. “The investment and employment are for India, while the growth of a still-developing massive market is for Suzuki.” This is what one industry analyst said.It is indeed a good time to be involved in this. As the gov
