Japan's Suzuki Motor will build a fourth Indian plant, boosting its output to 1.5 million cars annually in one of the world's fastest growing markets.<br /><br />The company already controls around half of the Indian car market though majority-owned Maruti Suzuki and plans to start the new plant's operations from 2013.<br /><br />Suzuki began production in India in 1983 and sees output in the nation alone exceeding half of its global production forecast of 2.68 million this year.<br /><br />The automaker saw Indian sales jump 24 percent in August, its best ever month, after selling over 333,000 cars in the last quarter in a similar rise.<br /><br />Earlier, Chief Executive Osamu Suzuki said the automaker was at its limits in dealing with the strong yen, which pares about $8.3 million for every one-yen advance against the greenback.<br /><br />Suzuki said the automaker lost over $5 billion in revenues from the strong yen, urging the Japanese government to safeguard the nation's economy.
