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Maruti Suzuki expects 60% drop in production volumes

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Capital Market

Due to supply constraints of electronic components

Maruti Suzuki India announced that owing to a supply constraint of electronic components due to the semiconductor shortage situation, the Company is expecting an adverse impact on vehicle production in the month of September in both Haryana and its contract manufacturing company, Suzuki Motor Gujarat (SMG) in Gujarat.

Though the situation is quite dynamic, it is currently estimated that the total vehicle production volume across both locations could be around 40% of normal production.

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First Published: Aug 31 2021 | 4:57 PM IST

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