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This is an archive article published on August 21, 2009

Suzuki to invest Rs 1,500 cr to set up R&D hub in India

Japanese auto giant Suzuki announced an investment of up to Rs 1,500 crore in the next 6-7 years for setting up a research and development centre in India.

Japanese auto giant Suzuki announced an investment of up to Rs 1,500 crore in the next 6-7 years for setting up a research and development centre in India,which will be the company’s global small car R&D hub.

The company’s subsidiary — Maruti Suzuki India – will develop the 700-acre R&D centre,to be constructed in two phases,here in Haryana by 2015.

“This facility in Rohtak would be a big step forward in building the R&D capability of Maruti Suzuki,and enable us to offer superior products to our customers in the future as well,” Maruti Suzuki India (MSI) Managing Director and CEO Shinzo Nakanishi said here.

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The R&D facility,to be set up at an investment of Rs 1,000- Rs 1,500 crore,would become the Japanese auto giant’s global showcase for small cars,he said adding that MSI would design and develop a made-in-India car by 2012.

Nakanishi said the project would add to MSI’s in-house R&D capabilities and would be a “dream-come-true” for Indian engineers and automobile designers.

The largest such facility by Suzuki Motor Corp (SMC) outside Japan would comprise a 600-acre R&D centre and test tracks and a vendors park spread over 100 acres.

SMC would develop the land and construct the test tracks in the first phase by 2012,while the entire project would be completed by 2015.

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