Maruti Suzuki India prolongs maintenance shutdown over COVID-19 fears

By Nikita Chaurasia  | Date: 2021-05-10

Maruti Suzuki India prolongs maintenance shutdown over COVID-19 fears

Maruti Suzuki India Limited has reportedly extended its maintenance shutdown from May 9th to May 16th amidst rising COVID-19 cases across the country. However, it is difficult to ascertain whether the intention behind the extended shutdown is to guarantee the safety of its employees or due to the sudden fall in the vehicle demand.

Maruti Suzuki India had earlier stated the oxygen scarcity crisis in India is one of the primary reasons for the early shutdown since the manufacturing and assembly of parts involves fair use of oxygen.

For those unaware, the ongoing COVID-19 pandemic has reduced India’s passenger vehicle sales to its lowest in six years. The country’s automobile sector is preparing itself for a further decline in sales with a recent rise in the number of Covid-19 cases.

Maruti Suzuki India had reported a total sale of 159,691 units in April 2021. These figures include the domestic sale of 137,151 units, other OEMs adding 5,303 units, and exports contributing 17,237 units.

India’s largest automaker sold around 632 units and 143,245 units in April 2020 and 2019 respectively. In this context, a spokesperson from Maruti Suzuki mentioned that the April 2020 sales number was insignificant considering the whole country was under strict lockdown.

Maruti Suzuki India reported a decrease of 6.7% in financial year 20-21 sales. Domestic sales too plunged by 48% in March 2020. It appears that the automotive giant’s domestic sales in March 2021 have recovered to March 2019 levels.

It is also worth mentioning that India recently recorded its highest ever single-day COVID-19 death count on Saturday, as cases continue to rise. Various states are likely to impose stricter lockdowns to curb the rise in daily cases.

To boost the fight against the pandemic, Maruti Suzuki India has collaborated with two firms namely SAM Gas Projects Private Limited and Airox Nigen Equipments Private Limited to help improve the production of PSA oxygen generator plants.

Source Credits –

https://www.news18.com/news/auto/maruti-suzuki-extends-maintenance-shutdown-due-to-covid-19-pandemic-3721706.html

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More >>

More News By Nikita Chaurasia

Swiftly achieves Unicorn status with $100M Series C led by BRV Capital

Swiftly achieves Unicorn status with $100M Series C led by BRV Capital

By Nikita Chaurasia

Swiftly Systems has reportedly achieved unicorn status, securing in funding through a Series C round. The prominent BRV Capital Management led this funding initiative. According to the earlier reports, Swiftly was adopted by hundreds of consumer b...

Rainforest nations unify to demand cash for climate & biodiversity preservation

Rainforest nations unify to demand cash for climate & biodiversity preservation

By Nikita Chaurasia

As per the reports, twelve nations with rainforests united to establish a collective initiative aiming to address climate change and safeguard biodiversity at summit held in Brazil. The declaration, titled "United for Our Forests," emerged ...

AI Chatbot, Llama 2, unveiled by Meta for commercial use via Microsoft

AI Chatbot, Llama 2, unveiled by Meta for commercial use via Microsoft

By Nikita Chaurasia

Meta Platforms has recently introduced Llama 2, an artificial intelligence large language model, for commercial use in collaboration with major cloud providers like Microsoft. Instead of charging for access or usage, Meta aims to share the model with...

Moderna signs agreement to explore mRNA medicines in China

Moderna signs agreement to explore mRNA medicines in China

By Nikita Chaurasia

Moderna Inc, a leading vaccine manufacturer, reportedly announced on Wednesday that it has entered into a memorandum of understanding (MoU) and a land collaboration agreement aimed at exploring opportunities for researching, developing, and producing...

Nike and Epic Games collaborate to launch Airphoria NFT in Fortnite

Nike and Epic Games collaborate to launch Airphoria NFT in Fortnite

By Nikita Chaurasia

The American footwear design & manufacturing company, Nike and Epic Games, the creators of the popular online game Fortnite, have joined forces in an exciting new collaboration. The partnership aims to bring about a groundbreaking change in the d...