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Prime Minister Modi inaugurated Maruti Suzuki's first in-plant railway siding project in Gujarat, developed under the Central Government's PM Gati Shakti mission. The Rs 976 crore initiative, in collaboration with the government and Indian Railways, aims to enhance efficiency in finished car dispatch. Maruti Suzuki intends to increase its annual vehicle dispatch via railway from the current rate of 26 percent to 40 percent., Auto News, Times Now ....
Maruti Suzuki Prepares for Potential Cost Impacts Amid Red Sea Crisis devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Maruti Suzuki anticipates minor cost increases due to the Red Sea crisis affecting vessel routes but expects minimal impact on exports. Shipping delays may occur, but the company remains optimistic about meeting its export targets. With plans to produce battery electric vehicles this year, Maruti Suzuki aims to tap into international markets, including Japan and Europe, while catering to domestic demand. The first model, a mid-sized SUV with an impressive range, targets both eco-conscious consumers and overseas markets. ....
The auto major, which exported around 2.7 lakh cars last calendar year, however, noted that it does not expect the issue to have a very big impact on the company's overseas shipments ....
Maruti Suzuki may see some increase in costs due to the rerouting of vessels amid the ongoing Red Sea crisis, according to a senior company official. ....