Narendra Modi & Suzuki

Narendra Modi: Narendra Modi, Prime Minister of India, jointly inaugurated the Maruti Suzuki Kharkhoda plant, highlighting the success of the 'Make in India' initiative and the strategic economic partnership between India and Japan.

Suzuki: Suzuki views the Kharkhoda plant as a landmark project, accelerating its investments, employment generation, exports, and technology development in India, and reinforcing India's growing importance within the group.

Narendra Modi: Indian Prime Minister Narendra Modi visited the United Arab Emirates to discuss long-term supply agreements and expand strategic storage, underscoring India's urgency in securing energy supplies.

Suzuki: Suzuki has warned that the Iran war could reduce its profit by $4.3 billion due to soaring energy prices, fractured supply chains, and trade route disruptions.

Narendra Modi: Narendra Modi laid the foundation stone for the Kharkhoda facility in August 2022, marking the initial step of this expansion project.

Suzuki: The Kharkhoda facility, once fully operational, is expected to become one of Suzuki's largest four-wheeler manufacturing sites globally, enhancing its overall production capabilities.

Suzuki: Suzuki currently dominates India's car market, and the new tariffs could introduce more competition from European automakers.