Huge business potential in India: Maruti Suzuki MD

India’s growing market has huge business potential and it is a wise decision for any company abroad to enter the Indian market, Maruti Suzuki MD Hisashi Takeuchi said Sunday on the sidelines of foundation stone laying ceremony of C-295 transport aircraft manufacturing facility in Gujarat’s Vadodara.
“India is a growing market and there is a huge business potential here. For most of the companies abroad, this is a good market to enter into. It is a wise decision for any company to come to India,” Hisashi Takeuchi, MD, Maruti Suzuki on the Tata-Airbus project Over the Aatma Nirbhar Bharat initiative taken by Prime Minister Narendra Modi, Takeuchi said, “Two months back in August, in Gujarat we marked 40 years of Suzuki Motor Corporation in India.. like this setup and what we can say is .. this is a collaboration of Japanese working culture and Indian working culture and the match is perfect. I hope that this kind of good matching will help the industry to grow further.”
Speaking further on future plans of Suzuki in India, he said, “We have expanded our Gujarat operations with EV production and battery factory we set up in Gujarat. Also at the same time, in Harayana’s Kharkhoda we have already started construction of our new factory there.”
As India-Japan ties touch 70 years, Maruti Suzuki MD highlighted, “We are celebrating 70 years of our cooperation. We have a long history of progression between the two countries. The combination of these two cultures is a good match and will be strengthened further in future.”
On the bullet train project in Gujarat, he said, “Bullet train project in Gujarat is a very very important project. It’s a national project and Japan is strongly supporting it. I am hoping that it becomes a huge success.”
This comes as Prime Minister Narendra Modi will lay the foundation stone of C-295 transport aircraft manufacturing facility in Gujarat’s Vadodara Sunday.