Maruti Suzuki expects production loss in Q1; anticipates some relief from July
Maruti Suzuki India expects continuing production loss in the first quarter due to the shortage of electronic components, with relief anticipated in July-September. Last fiscal, Maruti lost 1.7 lakh units due to chip shortage, and it is anticipated that the company will lose numbers in May and June. The carmaker has an order backlog of over 4 lakh units with Ertiga leading the pack with close to 1 lakh bookings.
Tags : maruti suzuki india Maruti Suzuki shashank srivastava Senior Executive Officer Ertiga compact SUV Brezza silicon chips jimny
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