Suzuki Motor Corporation has unveiled an ambitious strategy to elevate its global vehicle sales to 4.2 million units by the fiscal year 2030, marking an increase of approximately one-third from current figures. Central to this expansion is a significant emphasis on the Indian market, which is projected to contribute 60% of both the sales volume and the planned 2 trillion yen (approximately $13 billion) investment.

The investment aims to enhance manufacturing capabilities to meet the rising local demand and to position India as a pivotal export hub for markets in Africa and the Middle East. Suzuki's President, Toshihiro Suzuki, emphasized India's importance, stating, “India is Suzuki's most important market where we are putting the most effort.”

Maruti Suzuki, Suzuki's Indian subsidiary, currently holds approximately 40% of India's car market share. The company plans to introduce four battery electric vehicles (EVs) in India by 2030, a revision from the previously announced six models. Additionally, Suzuki is targeting an operating profit margin of at least 10% and aims to achieve revenue of 8 trillion yen by the 2030 financial year, reflecting a 49% increase.

This strategic focus on India aligns with Suzuki's long-term vision to capitalize on the country's growing automotive market and to establish it as a central hub for both production and exports in the coming decade.