The market leader in the passenger vehicle segment, in India, Maruti Suzuki India Ltd (MSIL) is no exception when it comes to the quarter (Q1FY2021) dampened by the Covid-19 crisis. Aiming to ramp up production and overcome the shortage of manpower, however, the company can draw solace from a strong core. Invested in an inclusive approach, the company is striving to emerge stronger and fitter. MSIL, according to Ajay Seth, Chief Financial Officer at the company is looking at the pandemic as an opportunity to review systems at partner dealers and vendors. Speaking at an investor conference call, stated Seth, “It will allow us to become more efficient and competitive.” Sticking to its tried and tested approach of reducing the impact of its products and services on the environment through a sustainable approach, the company registered a net sales of Rs.36,775 mn. It recorded a net loss of Rs.2,494 mn in the quarter. Notably, the losses, claimed Seth were partially offset by lower operating expenses.
Kept under check
هذه القصة مأخوذة من طبعة September 2020 من Auto Components India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة September 2020 من Auto Components India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
RENESAS UNVEILS MULTI-DOMAIN SOC.
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BorgWarner has secured three significant business wins for its High Voltage Coolant Heater (HVCH) technology, expanding its reach in the Chinese, Korean and Japanese electric vehicle markets.
RESHAPING REALITY
Abhiyantriki, the 26th annual technical fest of K J Somaiya School of Engineering at Somaiya Vidyavihar University, took place at its Mumbai campus under the theme ‘Reshaping Reality’, focusing on futuristic innovations and real-world problemsolving.
CONTINENTAL TIRES INDIA CELEBRATES CONTINUED PREFERRED PARTNER STATUS
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ACMA IAUTOCONNECT 2024
The Automotive Component Manufacturers Association of India (ACMA), hosted the ninth edition of its premier buyer-seller event, iAutoConnect, at Yashobhoomi in New Delhi.
4TH ACMA AUTOMOTIVE RAW MATERIALS CONCLAVE
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MOBILITY PLAYSETS
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SUSTAINABILITY AS STRATEGY
In an Industry Talk session, Satyakam Arya Managing Director and CEO, Daimler India Commercial Vehicles spoke to Ashish Bhatia on integrating sustainability into the overall business strategy.
EMBRACING SHOPFLOOR AUTOMATION
In manufacturing, where precision, efficiency, and cost-effectiveness are paramount, Mahindra Mahindra has embraced shopfloor automation as a cornerstone of its strategy
FREUDENBERG EXPANDS MANUFACTURING FOOTPRINT
Freudenberg opens two state-of-the-art manufacturing plants in Morinda, marking its largest investment in expanding the manufacturing footprint in India, writes Richa Tyagi.
