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regular-article-logo Wednesday, 24 April 2024

Hint of change at Maruti

Announcement comes in the backdrop of company’s increased contribution to parent Suzuki Motor Corporation’s overall global business

Our Special Correspondent Calcutta Published 01.09.22, 02:42 AM
Last Sunday, Suzuki Motor Corporation president Toshihiro Suzuki announced during the foundation stone laying ceremony at Gandhinagar that Maruti contributed 60 per cent to Suzuki’s global sales.

Last Sunday, Suzuki Motor Corporation president Toshihiro Suzuki announced during the foundation stone laying ceremony at Gandhinagar that Maruti contributed 60 per cent to Suzuki’s global sales. File picture

Maruti Suzuki India chairman R.C. Bhargava on Wednesday hinted at organisational changes in the backdrop of the company’s increased contribution to parent Suzuki Motor Corporation’s overall global business.

Last Sunday, Suzuki Motor Corporation president Toshihiro Suzuki announced during the foundation stone laying ceremony at Gandhinagar that Maruti contributed 60 per cent to Suzuki’s global sales.

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“In the last fiscal, Suzuki Group produced about 28 lakh automobiles all over the world. Out of those, more than 16 lakh units, or about 60 per cent, were produced in India. Exports from India reached a highest ever record of about 2.4 lakh units last year. India plays a significant role as a global automobile production hub in Suzuki Group,” the president had said.

In his address at the annual general meeting on Wednesday, the first physical meeting since the pandemic, Bhargava said in the future Maruti Suzuki India’s contribution to Suzuki’s global production will go beyond 60 per cent.

“Which raises in my mind also the fact that with the growing volumes of production in India, the growing importance of India, the availability of capable manpower in India, do we not need now to look at how we are organising in India to deal with (future growth)?” he said.

Bhargava said the company is looking at a sales of 5 lakh CNG cars this fiscal. “Last year we did 2.5 lakh CNG cars and we could have done more if there was no shortage of components,” he said.

The company is facing a shortage of CNG controller, a semi-conductor used in CNG vehicles.

On compressed biomethane gas fuel, Bhargava said Maruti Suzuki is “immediately looking into this area”.

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