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6h ago

Suzuki and Honda Map Aggressive India Pushes With SUV Blitz, EV Plans and Big Investments

The twin strategies elevate India as the centerpiece for SUV-heavy lineups, localized EV production and growing exports through 2030.

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Suzuki has committed ₹70,000 crore in new investments to scale up its manufacturing capacity to 4 million units annually by 2030, with 3 million units designated for the domestic market and 1 million earmarked for exports.
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Overview

  • Suzuki committed Rs 70,000 crore in India and set a goal of 4 million annual capacity by FY2030–31, anchored by eight new SUVs to claw back roughly 50% market share.
  • Of the planned 4 million units, Suzuki projects 3 million for domestic sales and 1 million for exports, with Maruti shipments rising from a record ~330,000 in FY2024–25 toward about 400,000 this fiscal.
  • Suzuki detailed a multi-pathway powertrain plan spanning BEVs, hybrids and CNG/biogas, including nine compressed biogas projects in Gujarat targeted for 2027.
  • Honda outlined 10 new India models by 2030, seven of them SUVs, with the 0 Alpha EV to be built in India for domestic sale and export to Japan and other Asian markets around 2026–27.
  • Honda said it is evaluating capacity options in India, including a potential Greater Noida restart or a new southern plant, with decisions yet to be finalized.