February 9, 2022
1 min read

Maruti Suzuki reports marginal increase in production

“The shortage of electronic components had a minor impact on the production of vehicles during the month,” the company said in a statement…reports Asian Lite News

Automobile giant Maruti Suzuki India reported a rise in production during last month on a year-on-year basis.

The rise comes despite a major microchip shortage that has hindered production all throughout last year.

In January 2022, the company’s total production of passenger, as well as commercial vehicles, rose to 161,383 units from 160,975 units manufactured during the corresponding month of last year.

Segment-wise, the company produced 157,668 units of passenger vehicles during the month under review, up from 156,439 units manufactured in January 2021.

“The shortage of electronic components had a minor impact on the production of vehicles during the month,” the company said in a statement.

The global phenomenon of semiconductor shortages has been blamed on the exponential rise in demand for personal electronics such as cellphones and laptops during the ongoing pandemic. Semiconductors play a critical part in the production of internal combustion engines and are an integral part of all kinds of sensors and controls in any vehicle.

ALSO READ-Dark web money laundering and Crypto’s future in India

Previous Story

Mozilla rolls out new privacy features

Next Story

UN again voices concern about women’s safety in Afghanistan

Latest from India News

Budget 2025: A Giant Leap Toward ‘Viksit Bharat’

The Union Budget 2025-26 lays out a comprehensive roadmap for India’s transformation into a ‘Viksit Bharat,’ emphasizing agriculture, MSMEs, investments, and exports to drive sustainable and inclusive economic growth….reports Asian Lite News

India Urges Bangladesh to Reject Terrorism

The EAM had held a series of meetings with his counterparts from the neighbouring countries, including Bangladesh, on the sidelines of the Indian Ocean Conference in Muscat, on February 16…reports Asian Lite

Mauritius Welcomes Modi for National Day

Over the past many years, the Indian government led by Prime Minister Narendra Modi has underlined New Delhi’s unwavering commitment to its special and enduring partnership with Mauritius….reports Asian Lite News Prime
Go toTop

Don't Miss

India to produce 9 crore vaccine doses by June

According to the plan submitted by Bharat Biotech and Serum

EV Boom to Supercharge India’s Auto Industry

The automotive industry in the country is poised to be