Suzuki to halve vehicle development time by 2030, boost India capacity

Suzuki Motor aims to halve its new vehicle development time by 2030. The company also targets a 30% increase in development efficiency and a 50% gain in production efficiency by 2030, according to Business Recorder and CNA - Business.

The automaker plans to expand its annual production capacity in India to 4 million-4.99 million vehicles by the 2030 financial year or later. Suzuki's goal is to raise manufacturing efficiency and expand India's role as a global production and export hub, as reported by Business Standard IN and Business Recorder.

On the day the plans were announced, Suzuki shares rose 0.9%, compared with a 1.1% gain in the Nikkei, according to Business Recorder and CNA - Business.

Brief written by urgent.news from Business Standard IN, Business Recorder, CNA - Business — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.