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✦Reported by Moneycontrol.com

Suzuki asks India suppliers to halt production one day a week as Maruti eyes 4 million cars

Suzuki asks India suppliers to halt production one day a week as Maruti eyes 4 million cars
Source: Moneycontrol.com

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Suzuki Motor asked Indian suppliers to halt production one day a week for machine maintenance.
  • ✓This move aims to prevent unscheduled stoppages as Maruti Suzuki eyes 4 million cars by 2030.
  • ✓The company wants a six-day schedule to improve quality and safety while they prepare for a major production boost.

Story at a Glance

Category
BUSINESS
Reported By
Moneycontrol.com
Reading Speed
3 Minute(s)
Market Focus
India Economy

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Suzuki Motor has asked suppliers in India to halt production for one day a week for machine maintenance, as the Japanese vehicle maker aims to prevent unscheduled stoppages and maintain quality ahead of ramping up output, two people said.

The company has issued such a directive to its Indian suppliers for the first time, the people said, and it comes as Indian unit Maruti Suzuki prepares to boost annual production to 4 million cars by 2030 from about 2.4 million.

When contacted by Reuters, Maruti Suzuki did not provide a comment for this story.

Suzuki Motor counts India as its biggest market and, increasingly, a key manufacturing base from which it aims to increase exports to destinations including Japan and Europe.

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