• Tuesday, September 27, 2022

Business

Suzuki: Expect India to be 3rd-biggest car market by 2020

By: Sarwar Alam

Suzuki Motor Corporation (SMC) expects India to grow into the third-biggest car market in the world by 2020 and is “determined” to play a big part in that growth. The company, whose arm Maruti Suzuki India commands nearly 50 per cent of the passenger vehicle market in the country, has already started operations at its new plant in Gujarat as part of the plan to raise its total production to 2 million units by 2020. “India is expected to grow into the third-biggest car market in the world by 2020 and we are determined to play a big part in…

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