Suzuki India EV factory expansion 2026: A $550M Bet on Global Exports
Suzuki Motor plans a $550M investment for a 5th factory in India with a 1M vehicle capacity. The Gujarat plant will serve as a global export hub for the e Vitara EV.
Suzuki is doubling down on India. The Japanese automaker plans to inject $550 million to acquire land for its fifth manufacturing plant in India. This isn't just about selling more cars locally; it's a strategic pivot to transform the South Asian nation into a massive global export hub for electric vehicles.
Suzuki India EV factory expansion 2026 and the e Vitara Strategy
According to reports from Nikkei, the new facility in the state of Gujarat will boast an annual capacity of 1 million vehicles. Suzuki Motor intends to use this base to manufacture the e Vitara, its flagship electric vehicle, for export to more than 100 markets worldwide. This move underscores the company's heavy reliance on India, which already contributes significantly to its global earnings.
India as the New Global Manufacturing Alternative
As automakers search for alternatives to China, India's role in the global supply chain is rapidly evolving. From SUVs to EVs, Indian-made vehicles are finding their way into Europe and even back to Japan in record numbers. By expanding its footprint in Gujarat, Suzuki is positioning itself to lead the next wave of affordable EV exports while capitalizing on India's competitive manufacturing costs.
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