Suzuki to spend over $4.5 billion on expansion in India

TOKYO, Jan 11 (News On Japan) - Suzuki has announced plans to invest over 600 billion yen in India to build a new factory capable of producing 1 million vehicles annually in a move to shore up its current 40% market share amid keen competition from Korea.

Suzuki Motor Corporation already has three production bases in India, including in the western state of Gujarat, and has reached a basic agreement with the state government to construct a new factory to enhance its production capacity.

The new factory is targeted to start operations in 2028, with an expected annual production capacity of 1 million vehicles.

Additionally, the company has announced plans to set up a new production line at another factory in Gujarat that will be capable of producing EVs. This line is scheduled to become operational in 2026 and is expected to increase the factory's production capacity by 250,000 vehicles annually. The combined investment for these two plans is estimated to be around 660 billion yen.

Last year, the company produced approximately 1.9 million vehicles in India. Including the construction plan for a new factory in Haryana, which has already been decided, Suzuki aims to secure an annual production capacity of 4 million vehicles by the fiscal year 2030.

While Suzuki is positioned as the market leader in India, with a market share exceeding 40%, competition has been intensifying with Korean and local manufacturers.

by Brian Dentry

Source: NHK

Japanese Streaming Services Struggle Against Netflix

Japan’s streaming industry is under growing pressure as foreign giants tighten their grip on the domestic market, with Netflix’s latest move to secure exclusive broadcast rights in Japan for every game of the World Baseball Classic next March highlighting the widening gap.

Japan Tightens Rules on Foreign Business Visas

Investigators from the Immigration Services Agency conducted on-site inspections in Osaka on October 14th amid a surge in so-called 'paper companies' created by foreign nationals seeking residency.

Sumo Fever Returns to London After 34 Years

The first grand sumo tournament in London in 34 years opened on October 15th, transforming the iconic Royal Albert Hall into a little corner of Japan and drawing more than 5,400 spectators for a spectacular night of traditional wrestling.

Architect’s 20-Year Dream Nears Completion

The relocation of Arimasu Tobiru, a distinctive architectural landmark on Hijirizaka in Tokyo’s Minato Ward, was carried out between August and October after nearly two decades of construction.

From Drug Raids to Visa Violations: Inside Japan’s Night Patrol Operations

A police officer approaches a parked car in a dark city parking lot — and what emerges from inside is shocking. How do professionals detect crimes that hide in the night? This investigation looks into the work of officers on the front line.

MEDIA CHANNELS

MORE Business NEWS

NOVA Faces Action for Advertising Zero Enrollment Fees

The operator of English conversation school NOVA has been ordered by the Consumer Affairs Agency to implement corrective measures after the company was found to have misled consumers with false advertising about enrollment fees.

Honda Unveils 110cc Cub Model to Meet Tougher Emissions Standards

Honda has announced plans to release four new motorcycle models, including the Super Cub 110 Pro Lite, designed to meet stricter emissions standards set to take effect in November.

Ransomware Surge Forces Firms to Prepare for Inevitable Breaches

The escalating wave of cyberattacks targeting Japanese companies is forcing a shift in corporate security strategies, with experts warning that preventing intrusions entirely is no longer realistic and that minimizing damage after a breach has become the new priority.

Nagoya’s New Retail Hub to Open Next Summer

The name of the commercial complex opening next year inside a new skyscraper in Sakae, Nagoya, has been decided as "Haera." The commercial complex inside the Landmark Nagoya Sakae, a skyscraper under construction at the intersection of Hisaya Odori and Otsu-dori that will feature a hotel, a cinema, and other facilities across 41 above-ground floors and four basement levels, has been named "Haera" ahead of its opening next year.

Yakult Certified by Guinness as No. 1

Yakult has been officially recognized by Guinness World Records as the world’s best-selling lactic acid beverage brand in 2024, marking a new milestone for the iconic probiotic drink. The certification, announced at a presentation ceremony, celebrates the brand’s success across domestic and international markets.

Ax Falls on Japan’s Iconic Moped

Production of Japan’s familiar 50cc motorized bicycles — a popular choice for short trips and errands — will come to an end in October, prompting a surge in demand as consumers scramble to purchase the last available models.

Expo’s Only Independent Vendor Becomes Big Success Story

The Osaka-Kansai Expo, set to close on October 13, has generated a powerful wave of economic activity both inside and outside its grounds, with the organizing association projecting an operational surplus of 23 to 28 billion yen. At the center of this success story is Noguchi, owner of Tonkatsu Noguchi, the only individually operated restaurant at the Expo, whose eatery has become one of the most sought-after dining experiences at the event, fully booked every day and requiring advance reservations.

Inside Japan’s Great Transformation: Mazda’s Five-Year Reform Plan

Mazda, the automaker synonymous with Hiroshima — a prefecture of 2.7 million people — is fighting to reinvent itself from within as the global automobile industry undergoes a once-in-a-century transformation. The company is launching a five-year internal reform to reshape its corporate culture and stay competitive amid the global shift to electric and eco-friendly vehicles.

< 2 3 4 5 >