October 4 2005.
Suzuki plans to produce 100,000 motorcycles annually with engine displacements of 100-150cc in India, where it will begin production at the end of this year. Initial investments will be around 5 billion yen.
Suzuki began production and sales of motorcycles in India in 1984, but pulled out of the market in 2002. In 2004 it decided to re-enter the market with a new joint venture arrangement and is in the process of building a new plant in Gurgaon, Haryana.
In anticipation of the production, the company invested in Integra Overseas Private Ltd last year . Suzuki has a 51% stake in the firm, which is located in New Delhi, and will develop its operations through the company.
Suzuki founded a joint venture with a local motorcycle maker in 1984 and began India production and sale of motorcycles through the firm. However, Suzuki's stake in the company was about 25%. Suzuki decided that it required a controlling stake to advance its operations.
In India in 2004, 6.2 million motorcycles were sold, making it the second largest market in the world after China. It is expected to break the 10-million-unit mark in 2008.

Source: The Nikkei Business Daily Tuesday edition