Japan's Suzuki Motor Corporation has announced plans to invest around ₹10,440 crore to locally manufacture electric vehicles (BEV) and BEV batteries in Gujarat. The memorandum of understanding was signed at India-Japan Economic Forum in the presence of PM Narendra Modi and Japanese PM Fumio Kishida. "We'll continue active investment in India to realise Atmanirbhar Bharat," Suzuki's President said.