© Reuters. FILE PHOTO: The emblem of Suzuki is seen on a wheel of Maruti Suzuki Vitara Brezza automotive throughout its launch in Mumbai, India, March 8, 2016. REUTERS/Danish Siddiqui/File Photograph
TOKYO (Reuters) -Japan’s Suzuki Motor plans to take a position about 150 billion yen ($1.26 billion) to provide electrical autos and batteries in India, Japanese media reported on Saturday.
Japanese Prime Minister Fumio Kishida is visiting India on Saturday to fulfill his Indian counterpart Narendra Modi. Suzuki’s funding plan shall be a part of an announcement by Kishida throughout his journey of plans to take a position 5 trillion yen over the subsequent 5 years in India, in response to the enterprise every day.
Suzuki has determined to construct a brand new electrical automobile manufacturing line in India with the goal of beginning operations as early as 2025, Nikkei mentioned, with out figuring out the supply of its report.
A Suzuki Motor spokesperson declined to substantiate the reviews.
($1 = 119.1700 yen)
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