India News | Maruti Suzuki Expects Adverse Impact on Production Amid Semiconductor Shortage
Get latest articles and stories on India at LatestLY. 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.
New Delhi, Sep 30 (PTI) 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 per cent of its normal output due to the shortage of semiconductor chips.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)