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

Goyal Courts Global CEOs in Paris

Piyush Goyal is on an official trip to France with the aim of boosting trade and investments…reports Asian Lite News Commerce and Industry Minister Piyush Goyal met with leading global CEOs in

India Gains Malaysia’s Backing on Terror

The visit of the all-party delegation to Malaysia is part of India’s strategic outreach to garner international support against cross-border terrorism emanating from the soil of Pakistan….reports Asian Lite News An Indian

180 Years of Indian Roots in Caribbean

The Indian Arrival Day is marked on 30th May, when the first ship ‘Fatel Razack’ carrying 225 Indian indentured workers reached the shores of Trinidad, then a British colony….reports Asian Lite News

Colombia backs India on terror

The change in tone from Colombia is seen as diplomatically significant, especially given its forthcoming role as a non-permanent member of the United Nations Security Council (UNSC). In a diplomatic correction welcomed
Go toTop

Don't Miss

Maruti Suzuki back on track

Backed by recent SUV launches, the company has regained leadership

US curbs risk Indian vaccine production

American export controls on raw materials and equipment could stop