In his first interaction with the Indian media, Maruti Suzuki's new CEO Hisashi Takeuchi revealed the carmaker's plans to roll out its first electric car by 2025 and more.
The automaker raised prices of some models last year to help offset higher input costs. But that didn't deter buyers as company says there is 'no lack of demand'.
India is a market for low-priced cars with low running costs, and global majors don’t have the models to match Maruti and Hyundai’s entry-level vehicles.
Maruti is expecting the global semiconductor crunch to last for about a year. The global chip shortage has crippled production and climbing commodity prices has raised input costs.
India's emissions curbs, due to take effect next year, are critical for its push to tackle some of the world’s worst air pollution, which costs the country 8.5% of its GDP.
Net income fell 9.3% to Rs 11.7 billion in the three months ended March 31, Maruti Suzuki said in a statement; revenue for the fourth quarter rose 32% year-on-year to Rs 240.2 billion.
For many manufacturing firms in India, Modi govt's decision to open up vaccinations for all & allow private sector to directly purchase vaccines was a long pending demand.
Maruti Suzuki India chairman says the automaker is expecting retail sales in December to be good as there are pending orders with its dealerships & plants are running at 'full capacity'.
Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.
Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.
New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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