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Suzuki to build factory in India - Nikkei

Nikkei business daily reported that Suzuki Motor plans to spend about JPY 30 billion (USD 322.6 million) to build a factory in India around 2011, boosting its production capacity in the country by 30%.

Suzuki's Indian unit Maruti Suzuki controls about half of the country's market share. Mr RC Bhargava chairman of Maruti Suzuki said earlier this week said that its management was considering whether to expand production capacity adding it would be known soon.

A Suzuki spokesman said its Chairman Osamu Suzuki would brief on its Indian operation at its headquarters outside of Tokyo and declined to comment further.

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