Suzuki Motorcycle To Set Up New Plant In Haryana With Rs 1,200 Crore Initial Investment

New Delhi: Suzuki Motorcycle India Pvt Ltd (SMIPL) on Tuesday laid the root stone for its new production plant in Haryana, with an preliminary funding of just about Rs 1,200 crore and an annual manufacturing capability of 7.5 lakh gadgets within the first section. 

Located at IMT Kharkhoda — an business township evolved by way of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) — the plant is scheduled to start operations in 2027, additional boosting SMIPL’s manufacturing features in India. Once purposeful, it’s going to supply employment to round 2,000 other folks, mentioned the corporate in a remark.

Kenichi Umeda, Managing Director, SMIPL, mentioned that laying the root stone for his or her 2d plant in India, “reflects our focus on not just growing as a brand, but to grow with the people and communities of India”.

By organising our facility at IMT Kharkhoda, we stay up for contributing to the area’s building, producing employment, and supporting the federal government’s imaginative and prescient for business growth, he discussed.

It will even function fashionable automation and energy-efficient techniques, serving to us transfer in opposition to Suzuki’s world imaginative and prescient for carbon neutrality and Sustainability, he added.

The facility is unfold throughout 100 acres, with the producing unit first of all overlaying 25 acres and an extra 25 acres devoted to inexperienced area. SMIPL began its India operations in February 2006 from its production plant at Kherki Daula, Gurugram.

The corporate lately manufactures scooters (125cc), top class bikes (150cc and above) and large motorcycles. The new production facility is part of SMIPL’s approach to meet the emerging call for for its merchandise within the Indian marketplace.