Japanese auto giant Suzuki Motor Corporation (SMC) today said it planned to make India an export hub for its small cars, mainly for European and African markets.
"For Europe, Africa and West Asia (Middle East), we are looking at India as an export hub," SMC Chairman Osamu Suzuki said at the Nikkei Business Summit here.
He said the country's infrastructure needed to be developed in order to make India an exports hub.
"As we want to use India as an export hub, ports are very important. We would like to request the government to improve them (ports)," he added.
SMC's subsidiary Maruti Suzuki India had exported 1.47 lakh units from the country in 2009-10.
When asked about SMC's deal with German auto maker Volkswagen, Suzuki said, "Suzuki Japan and Volkswagen Germany are in talks. Maruti Suzuki has nothing to do with those talks."
Last year, Volkswagen had picked up 19.9 per cent stake in SMC for $2.5 billion (around Rs 11,450 crore), since then the two companies have been discussing plans for joint production, engine development and a small car project for India.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
