Export hub on Suzuki agenda

Calcutta, May 15: Suzuki Motorcycle India today said it would consider making the country its export hub.

"We have recently started exporting (two-wheelers) from India to Nepal and Colombia… we will definitely take it forward," Anu Anamika, the company's national head (marketing), today said at the launch of the 112cc Hayate.

The company is primarily focusing on neighbouring countries as well as Southeast Asia as possible export destinations.

The Indian arm of Japanese two-wheeler major Suzuki has firmed up investments of about Rs 500 crore to expand capacity at its Gurgaon plant to 5.4 lakh units by 2015.

"We have already invested Rs 400 crore at Gurgaon and will invest the rest to expand further," Anamika said.

The company is also planning to add two models to its current range of five. "We are looking at taking this portfolio to may be seven by 2014," she said. Last week, Suzuki had launched the Hayate, a bike for the mass segment that makes up 62 per cent of the market.

Currently, the company enjoys a 22 per cent market share in the scooter segment and 2 per cent in motorbikes.

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