Suzuki Motorcycles plans to expand capacity with an investment of Rs 500 Crore
The Indian subsidiary of Japanese two-wheeler giant- Suzuki continues their campaign here in the subcontinent with plans to expand capacity over the coming years. The bike maker has chalked out plans to setup a new manufacturing unit at Rohtak, Haryana by 2014-15. They are also looking at increasing the capacity of the current assembly line at Gurgaon with an additional investment of Rs 500 crore. That said, they haven’t disclosed the amount that will be invested in the upcoming Rohtak unit.
“So far we have invested Rs 500 crore at our Gurgaon plant and a similar amount is likely to be invested over the next three years to ramp up the capacity of this plant and also to set up a new plant in Rohtak district in Haryana”, said Rakesh Kumar, Deputy General Manager, Sales & Marketing, Suzuki Motor Cycle India Pvt Limited
When the Rohtak unit comes online, Suzuki Motorcycles India will be able to roll out five lakh units annually from the new assembly line. At present Suzuki has an annual capacity of 3.6 lakh units which they plan to increase to 4.5 lakh by the end of this fiscal. With that in mind, the Japanese bike maker aims to hit the 1 million mark by 2015.