Omicron Impact Minimal, Production Speeding up

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Automobile leader Maruti Suzuki said the third wave of the Covid-19 epidemic had had a minimal impact on production as well as demand. Notably, the disruption of the third wave has been less severe than in previous epidemics.

In a conversation with IANS, Shashank Srivastava, Senior Executive Director, Sales and Marketing, Maruti Suzuki India, said that the company and the industry have coped well with the third wave.

He noted that during the first wave, it took the company 90 days to reach 0 to 6,000 units of production per day.

“In the second wave, it took us only 18 days to reach this target. We were able to recover in a short time because we had a good learning experience from the first wave which was applied in the second wave, ”said Srivastava.

“In the third wave, there is hardly any disruption in terms of bookings, demand or even the supply chain.”

Last month, Auto Pioneer sold a total of 154,379 units, down from the 160,752 units recorded in January 2021 due to low production.

Furthermore, he cited simplification in the issue of semiconductor supply. “You can see next (financial) year, the situation will be much better than what we saw later this year. However, in terms of production, we may not be at 100 percent production level even in this quarter. “

In January 2022, the company’s total production of passenger as well as commercial vehicles increased from 160,975 units in the same month last year to 161,383 units.

The shortage of global semiconductors has been caused by supply disruptions due to the Covid-19 epidemic as well as healthy demand.

Accordingly, this phenomenon has been attributed to the fatal increase in demand for personal electronics such as cellphones and laptops during the current epidemic.

Technically, semiconductors play an important role in the production of internal combustion engines. They are an integral part of all types of sensors and controls in any vehicle.

The waiting period has lengthened with rising prices due to shortages.

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On cost pressures, he noted that even higher vehicle prices are not able to cover the rise in commodity prices.

“Despite all these price increases, we still find that commodity prices are very high.”

“Commodity prices have risen sharply in the last 1.5 years. The price hikes by manufacturers, including Maruti Suzuki, are not enough to cover it and therefore continue to put pressure on profitability for the auto industry. “

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