12/12/2015 5:36 PM IST | Updated 15/07/2016 8:25 AM IST

Narendra Modi: Japan Set To Import Maruti Suzuki Cars From India

Hindustan Times via Getty Images
NEW DELHI, INDIA - OCTOBER 26: Managing Director and CEO of Maruti Suzuki, Kenichi Ayukawa along with RS Kalsi (Executive Director, Marketing & Sales) poses with the new Maruti Suzuki, Baleno car, during its launch on October 26, 2015 in New Delhi, India. Maruti Suzuki India will for the first time export a made-in-India car to Japan, the home of parent Suzuki Motor Corp. in a move that could lead to India becoming a Suzuki export hub. The company will begin exporting it to 100 countries including Japan and Europe from early 2016 as it works to establish itself alongside more upmarket global automakers. (Photo by Virendra Singh Gosain/Hindustan Times via Getty Images)

NEW DELHI -- In a first, Japan will import cars from India that will be manufactured by the Japanese- controlled Maruti Suzuki, Prime Minister Narendra Modi said today.

"For the first time Japan will import cars from India and Maruti will manufacture it", he said while addressing the India-Japan Business Leaders Forum here.

"Maruti (Suzuki) will manufacture here... The Japanese company will manufacture here and export it to Japan", he said, adding that both India and Japan should move ahead together, not just in the sphere of high-speed trains, but also for "high-speed growth".

Speaking after the meeting, Maruti Suzuki chairman R C Bhargava said the company will export 'Baleno' at the moment.

When asked about the target, he said: "We expect to export 20,000 to 30,000 units in a year."

However, Bhargava added that exporting automobiles to Japan is not an easy task.

Japanese carmaker's unit Maruti Suzuki is expected to begin export of India-made car Baleno to Japan from January 2016.

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