📊Executive Summary

Maruti Suzuki has announced that the ongoing semiconductor shortage is expected to adversely affect its vehicle production in November 2021. The company anticipates producing only about 85% of its normal output due to constraints in the supply of electronic components. This shortage has already led to a significant decline in net profit for the company, with an estimated 116,000 vehicles unable to be produced in the previous quarter. The automotive industry in India is projected to see a slowdown in growth due to this semiconductor crisis, impacting overall vehicle sales....