During the Vibrant Gujarat Global Investors Summit (VGGIS), Suzuki Motor President Toshihiro Suzuki announced Maruti's investment of Rs 350 billion in Gujarat. This substantial investment aims to boost the company's car manufacturing capacity from 7.5 lakh to 20 lakh cars in the state. Additionally, Maruti plans to launch a battery electric car produced at its Gujarat-based plant in Mumbai later this year.