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Suzuki invests $8bn in India over 6 years, boosting role as export base

Summary by Nikkei

TOKYO -- Japan's Suzuki Motor on Thursday said it will invest 1.2 trillion yen ($8 billion) in India over six years, as it ramps up its production cap

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Nikkei

Suzuki invests $8bn in India over 6 years, boosting role as export base

TOKYO -- Japan's Suzuki Motor on Thursday said it will invest 1.2 trillion yen ($8 billion) in India over six years, as it ramps up its production cap

1 day ago·Japan

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thepatriotlight.com

ThePatriotLight - Suzuki targets operating profit of ¥800 billion in FY 2030

ThePatriotLight - Suzuki Motor on Thursday announced a target to achieve an operating profit of ¥800 billion ($5.32 billion) in fiscal 2030, up from ¥465.5 billion in fiscal 2023. In its new medium-term business plan, the automaker also included a goal to increase its sales to ¥8 trillion in the fiscal year beginning April 2030 from ¥5,374.2 billion in fiscal 2023. Suzuki will spend ¥4 trillion on research and development and capital investment …

19 hours ago

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読売新聞オンライン

Japan’s Suzuki Aims to Boost Sales by a Third by 2030, Invest Heavily in India

TOKYO, Feb 20 (Reuters) - Japanese small car maker Suzuki Motor said it will target 4.2 million vehicles in global sales in five years' time - an increase of nearly a third - with most of its expansion concentrated in its main market of India.

1 day ago·Japan

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Gaadiwaadi.com

Suzuki To Rethink India Strategy Amidst Drop In Market Share

GaadiWaadi - Suzuki to relook at its strategy in India to regain lost market share and invest approximately INR 692 billion in the country between FY20205 and FY2030 India is Suzuki’s most critical market globally and the company is focusing its maximum efforts here. Seeing a declining market share in India, the Japanese automaker thinks it needs to reevaluate its strategy. Announcing its mid-term management for FY2025 to FY2030 today, Suzuki ac…

9 hours ago

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Zawya

Japan's Suzuki aims to boost sales by a third by 2030, invest heavily in India

The company aims to boost manufacturing capacity there to meet expected local demand while expanding India's role as an exports hub to markets in Africa and the Middle East

1 day ago

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