📊Executive Summary

Maruti Suzuki, India's leading automobile manufacturer, reported a slight decline in production volumes for June 2023 due to a shortage of electronic components. The company manufactured 133,798 passenger vehicles in June 2023, down from 140,748 units in June 2022. Despite the challenges posed by the electronic component shortage, Maruti Suzuki implemented measures to mitigate the impact and continued to meet market demand. The marginal production dip highlights ongoing supply chain issues affecting the automotive industry, particularly related to electronic components....