Gujarat: PM Modi Attends Event Marking 40 Years Of Suzuki Cars, Lays Foundation Stone For EV Battery Plant

Gujarat: PM Modi Attends Event Marking 40 Years Of Suzuki Cars, Lays Foundation Stone For EV Battery Plant

New Delhi: Prime Minister Narendra Modi attended an event in Gandhinagar in Gujarat to mark 40 years of Suzuki cars in the country on Sunday, news agency ANI reported. According to the report, he also laid the foundation stone of Maruti Suzuki Vehicle Manufacturing Facility for Haryana and Suzuki EV Battery Plant for Hansalpur. Gujarat Chief Minister Bhupendra Patel was also present at the event.

Speaking at the event, PM Modi said that the success of Maruti-Suzuki signifies the strong bond between India and Japan.

“The success of Maruti is a great example of the strength of the India-Japan relationship. In the last eight years, this relationship between the two countries has reached new heights,” he said.

“We are rapidly working on both supply and demand of EV ecosystem. From relaxation in tax to easier loan facility, we are working to increase the demand of EVs,” said PM Modi.

The Prime Minister further said that from the automobile to the biofuel sector, over 125 Japanese companies are currently working in Gujarat.

“Electric Vehicles are bringing a silent revolution in India. Today India doesn’t consider EV’s extra vehicles but a necessary step,” he added.

He further said that India has decided to be self-reliant in terms of energy requirements over the next 25 years.

It is to be noted that the Suzuki Motor Gujarat Electric Vehicle Battery Manufacturing Facility at Hansalpur in Gujarat will be set up with an investment of around Rs 7,300 crores to manufacture Advance Chemistry Cell batteries for Electric Vehicles.

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As per the report, the vehicle manufacturing facility in Kharkhoda will have the potential to manufacture 10 lakh passenger vehicles every year, making it one of the largest passenger vehicle manufacturing facilities at a single site in the world.

The first phase of the project will be set up with an investment of over Rs. 11,000 crores.