Revving Up: Suzuki Motorcycle India's Global Expansion Journey
Suzuki Motorcycle India plans to significantly boost its share in global sales for Suzuki Motor Corporation, aiming for more than 50%. The new manufacturing plant in Haryana is key, supporting domestic and export growth. FY26 sales reached a record high, with significant increases in both domestic and export markets.
- Country:
- India
Suzuki Motorcycle India is set to amplify its role in global sales for its parent company, Suzuki Motor Corporation. The company targets contributing over 50% to the global two-wheeler sales, a feat backed by a new manufacturing facility aimed at boosting both domestic and overseas sales.
Last fiscal year, Suzuki Motorcycle India achieved its highest-ever sales of 14,39,415 units, marking a 15% growth. The domestic market saw a 12% rise, while exports surged by 26%. According to Managing Director Kenichi Umeda, India remains a pivotal market for Suzuki's new two-wheeler models, including electric scooters.
The new manufacturing plant in Kharkhoda, Haryana, represents a strategic investment of Rs 1,174 crore and is projected to become operational by 2027, with an annual capacity of 7.5 lakh units. This move aligns with Suzuki's 'Make in India' initiative and promises to enhance both domestic production and exports to 77 countries.
(With inputs from agencies.)
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