India's car market is projected to reach 20 million units by 2047, driven by the growth of electric vehicles. Suzuki aims for a 50% market share by 2030 with plans to introduce their first EV in India and Europe. The competition in the EV segment is intensifying, with a focus on developing new battery technology for everyday use models. Collaboration with Toyota is expected to enhance product development. Additionally, Suzuki sees potential in compressed natural gas cars in India.
