Tokyo/New Delhi: Suzuki Motor Corporation will continue to invest aggressively to grow the automobile industry in India, a senior company official said on Thursday.
“We will continue to make investments aggressively to grow the industry and make people happy in India and continuously contribute to Atmanirbhar Bharat,” Suzuki Motor Corporation Executive VP Kenichi Ayukawa said.
In a tweet shared by the Finance Ministry, Ayukawa said Maruti Suzuki India has announced an increase in annual production capacity by one million units last month.
“This could never have happened without the continuous support from the government of India,” Ayukawa, who previously headed Maruti Suzuki India, stated.
He noted that India is now the third-largest automobile market which is expected to expand in the future.
“The automobile industry requires long-term, large scale capital investment. In this regard, the consistent support by the government to the manufacturing sector is very very important, also including the PLI scheme is highly appreciative,” Ayukawa said.