The purpose of Next Bharat is to support and invest in social entrepreneurs working in areas such as agriculture, financial inclusion, supply chain, and mobility.
Through this initiative, Suzuki aims to contribute to solving social issues in India through business ventures. The company also plans to invest in venture capital projects.
By nurturing and empowering social entrepreneurs, Suzuki aims to connect with the "Next Billion" people in India, extending beyond the mobility sector and becoming part of India's future story.
With a capital of INR 1 billion, Next Bharat is headquartered in Special Financial Zone GIFT City, Gujarat. The total investment of the fund-1 will be US $40 million.
Toshihiro Suzuki, President of Suzuki, said, "There are about 1.4 billion people in India, but we have only reached about 0.4 billion people. Next Bharat will focus on nurturing and empowering social entrepreneurs, who are passionately solving the problems of India. Through this, we will connect with the “Next Billion” people of India, extending beyond mobility and becoming a part of India’s future story.”
Suzuki began production and sales of automobiles in India in 1983, and has since been providing customers with mobilities including automobiles and motorcycles. Through the activities of Next Bharat, Suzuki aims to build ties with the people of India beyond the mobility sector and contribute to the further development of India.
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