News: Suzuki to invest $1.6 b more in India

(RTR 06/02/2007) Manesar - Suzuki Motor Corp will invest 200 billion yen ($1.66 billion) in its Indian joint venture as it expands capacity at car and engine plants, company chairman Osamu Suzuki said on Tuesday.

Already 100 billion yen has been invested in the units run by Maruti Udyog Ltd. and another 200 billion yen will be spent by 2010 to take total capacity to 1 million units.

At the moment the tie up has an annual capacity of 630,00 units.