Maruti Suzuki India Ltd.

Maruti Suzuki India’s parent organization -- Suzuki Motor Corporation (SMC) has signed Memorandum of Understanding (MoU) with the State of Gujarat, India to invest around 150 billion yen (around 104.4 billion rupees) for local manufacturing of electric vehicles (BEV) and BEV batteries. Outline of MOUs are Suzuki Motor Gujarat (SMG) will increase production capacity for BEV manufacturing with investment of Rs 31 billion by 2025 and construction plant for BEV batteries (land neighboring to SMG) with  Rs 73 billion by 2026 and Maruti Suzuki Toyotsu India (MSTI) will construction vehicle recycling plant with Rs 45 crore by 2025.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.