Suzuki plans to make India an export hub
Suzuki Motorcycles India Private Limited recently announced its second plant which will come up in Rohtak, Haryana. The foundation stone laying ceremony was performed by Haryana chief minister, Mr Bhupinder Singh Hooda. This new plant will be finished by 2014 and will have an annual capacity of 500,000 units. Suzuki Motorcycles will be further expanding this plant depending on the growth of the Indian market.
Suzuki is also planning to use India as an export hub for its two-wheelers, especially the mass-segment commuters. SMIPL National Head-Marketing, Anu Anamika recently said at the launch of the Hayate mass-segment motorcycle “Yes, this is possible, but I cannot tell you which part of the country this would be located.” Exports to neighbouring countries have already commenced from the Gurgaon plant and this is proposed to be stepped up in future with exports to Southeast Asian countries, too.
The Gurgaon unit, on which a Rs.400-crore investment has been made since the company commenced operations at this unit in 2006, has an annual capacity of 3.6 lakh units (of scooters and motorcycles). This will be ramped up to 5.4 lakh units by 2013-14 when investment would increase to Rs.500 crore, according to Ms. Anamika.