Auto / Maruti cut vehicle production by around 21% in March

Zee News : Apr 05, 2019, 10:20 AM

The country's largest car maker Maruti Suzuki India (MSI) cut vehicle production by around 21 percent across its factories in March due to subdued demand. The auto major produced a total of 1,36,201 units in March, including Super Carry LCV, down 20.9 percent from 1,72,195 units in year-ago period, it said regulatory filing. The second production line has been commissioned at the plant, but is yet to reach its peak.

When contacted, MSI declined to comment on the reason for decrease in production.

In February, MSI had cut production by over 8 percent to 1,48,959 units from 1,62,524 units produced in the year-ago period.

In January, the company had reported a total production of 1,83,064 units, up 15.6 percent from 1,58,396 units produced in January 2018.

MSI's installed manufacturing capacity at its two plants in Gurgaon and Manesar stands at 15.5 lakh units per annum. Besides, the Suzuki-owned Hansalpur (Gujarat) plant also has an installed capacity of 2.5 lakh units from the first line.

The second production line has been commissioned at the plant, but is yet to reach its peak capacity of 2.5 lakh units per annum.