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Japanese automaker Suzuki Motor Corporation plans to invest USD 1.26 billion for manufacturing electric vehicles and batteries in India, according to a media report. The battery plant is proposed to be set up near Suzuki's automobile manufacturing unit in Gujarat and the total investment is estimated to be around 150 billion yen (USD 1.26 billion) on the new plant, and also in enhancing production of EVs in India, the Nikkei business daily reported.

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