Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

PM Modi, Japan PM Takaichi jointly inaugurate Maruti Suzuki's Kharkhoda plant

Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi jointly inaugurated Maruti Suzuki India's new manufacturing facility at Kharkhoda in Haryana on Thursday via video conferencing, marking one of the biggest investments in India's automobile sector in recent years.

The inauguration was held as part of the India-Japan Economic Forum, where over 150 Japanese companies participated as the two countries looked to deepen cooperation across manufacturing, semiconductors, artificial intelligence, clean energy and mobility. It coincided with the 16th India-Japan Annual Summit, held during Takaichi's first official visit to India as Prime Minister, from July 1 to 3.

Also read: PM Modi accords ceremonial welcome to Japanese PM Sanae Takaichi

Ahead of the visit, Japan's Deputy Chief Cabinet Secretary Masanao Ozaki said in a post on X that he hoped the visit would lead to "concrete and remarkable development in Japan-India economic relations."

Citing Japanese daily The Yomiuri Shimbun, Ozaki said around 120 cooperation initiatives worth nearly 2 trillion yen (about $12.5 billion) were expected to be announced during the visit. The figure sits within a broader 10 trillion yen, ten-year private investment commitment from Japan to India agreed last year, the report added.

Fourth manufacturing facility in India

The Kharkhoda facility is Maruti Suzuki's fourth manufacturing facility in India after Gurugram, Manesar and Gujarat. The foundation stone for the facility was laid virtually by Prime Minister Modi in August 2022. Suzuki Motor Corporation's Indian subsidiary commenced commercial production at the plant from February 25, 2025, according to the company.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.