Maruti Suzuki expects adverse impact on production amid semiconductor shortage

Maruti Suzuki India on Thursday said it expects an adverse impact on production at its two plants in Haryana and parent Suzuki’s Gujarat plant in October on account of supply constraint of electronic components due to semiconductor shortage.

While terming the situation as “quite dynamic”, the company in a regulatory filing said, “It is currently estimated that the total vehicle production volume across both locations could be around 60 per cent of normal production.” “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 October 2021 in both Haryana (plants) and its contract manufacturing company, Suzuki Motor Gujarat Pvt Ltd (SMG) (plant) in Gujarat,” the filing said.

The company’s production capacity at Gurgaon and Manesar plants in Haryana is around 15 lakh units per annum.

SMG Gujarat, which supplies vehicles exclusively to MSI, has an additional installed production capacity of 7.5 lakh units per annum.

The company had earlier said its vehicle production in September would be just 40 % of its normal output due to the shortage of semiconductor chips.

For all the latest business News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.