Suzuki Motorcycle to invest heavily in India

Suzuki Motorcycle to invest heavily in India

Suzuki Motorcycle has announced that they are going to invest Rs 150 crore on tripling its manufacturing capacity by 2012 in the Indian market.

The company would also launch three new models in the market in the coming years.

Suzuki Motorcycle India Zonal Head (North and East) Rakesh Kumar spoke about their plans for the Indian market: “We will be expanding our production capacity from 12,000 units per month to 40,000 units per month in next three years at our plant in Gurgaon, which will entail an investment of Rs 150 crore.”

He added: “At present, we have four models of bikes, which are ingeniously manufactured and we plan to roll out three more new models during our capacity expansion drive. We sell 12,000 units per month against the sale of six lakh bikes each month in the country which means we have very small share… But this capacity expansion will enable us to consolidate our share in the biking segment.”