Excelsior Correspondent
NEW DELHI, Mar 22: President Suzuki Motor Corporation Toshihiro Suzuki, currently on a visit to India as part of the Japanese delegation led by Prime Minister Fumio Kishida, today visited JAMKASH Vehicleades Delhi Unit—AAA Vehicleades— and took stock of its operations in northern states of the country.
The visit comes soon after the signing of Memorandum of Understanding for investment of 104 billion Yen or Rs 10, 445 Crore investment to manufacture battery electric vehicles (BEVs) and BEV batteries at its Gujarat plant. The MoU was signed in presence of Prime Minister Narendra Modi and his Japanese counterpart. Of this Rs 3,100 crore will be pumped in to increase manufacturing capacity for EVs at Suzuki Motor Gujarat in 2025, Rs 73,00 crore for setting up a plant for the production of batteries for EVs in 2026. The remaining amount will be utilised to establish a vehicle recycling plant by Maruti Suzuki Toyotsu in 2025.
Toshihiro Suzuki was accompanied by Kenichi Ayukawa (Managing Director, MSIL), Hisashi Takeuchi (Joint Managing Director, MSIL), Hideaki Domichi (Director, Suzuki Motor Corporation) and Ichizo Aoyama (Managing Director, TDS Lithium-Ion Battery Gujarat Private Limited), besides Shahshank Srivastava (Sr. Executive Director, MSIL) and Bhuvan Dheer (Executive Vice President, MSIL)
Briefing the President Suzuki Motor Corporation and his team about JAMKASH operations in north India, its Chairman Devender Singh Rana referred to the milestones achieved by the group from its inception in 1997 with just one showroom in Pathankot with 15 staffers.
“Today, the group has a presence in 56 ctities and towns across Jammu and Kashmir, Punjab, Himachal Pradesh and Delhi. Over the years, it has expanded its network to 164 touch points comprising Showroom, Workshop, Bodyshop, True Value and Driving School. The group employs more than 5,000 people across the ARENA and NEXA channel”, he added.
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