Suzuki Motorcycle India to make heavy investments on expansion

Suzuki Motorcycle India to make heavy investments on expansion

Suzuki Motorcycle India is a smaller player in the Indian two wheeler segment.

The company has however bigger plans and they are planning to invest an additional Rs 150 crore in India by 2010.

This new investments would help them expand their operations in India and launch more models.

Suzuki is aiming to expand their production to 2.5 lakh units a year from the current 1.75 lakh.

They are also planning to launch two new models in the Indian market next year.

SMIPL vice-president (marketing & sales) Atul Gupta spoke about their plans for India: “So far we have invested Rs 400 crore. We will be looking at an additional investment of Rs 150 crore by 2010 to expand our capacity. We will launch new bikes in different segments to diversify our portfolio.”

Suzuki GS 150R has already been launched in India and it would go one sale in the market early next year. It would retail for Rs 59,000 (ex-showroom Delhi).