Maruti Suzuki India (MSIL) and Hero MotoCorp could put manufacturing on a higher gear in September, ahead of the festive season.
The move by the passenger vehicle (PV) and two-wheeler segment majors signals a rapid recovery in the market that has been bruised by the pandemic.
MSIL, which produced 105,000 units in July, is expected to manufacture 118,000 units in August and a potential 150,000 units by September. In fiscal 2019, Maruti produced highest ever cars in the domestic market — 17,53,700 cars, clocking an average of 146,000 units a month. If the company does meet the target for September,