India has the capability to become a lower-cost producer than China if the industry and the government work together, Maruti Suzuki India Chairman R C Bhargava said on Thursday
It is nowhere near the company's average sales in a month. We are producing vehicles that constitute only 60% of our capacity in Gurgaon and Manesar, Bhargava said
The auto major is currently producing vehicles at 60 per cent of its installed capacity in the Gurugram and Manesar plants, Bhargava pointed out during an interview
Unlike heavy engineering, auto and auto components, the labour requirement in fast-moving consumer goods (FMCG) companies is nevertheless less
According to the author, it is necessary to build trust with the political system, governments, bureaucracy, judiciary and industrial leaders
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He also called for a comprehensive understanding of the circumstances and taking informed decisions on the pros and cons of importing from China before being swayed by sentiments
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Bhargava said Maruti was only an assembler of cars and depended on each of the 370-380 vendors and tier 2 and tier 3 suppliers to provide components
Auto component major Sona Comstar, which earlier could deploy only half of its workers, has been allowed to bring in its entire workforce at its four plants - three in Gurugram and one in Manesar.
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The services such as aviation, hotels, malls, etc. would have to wait for a much longer time
R C Bhargava says the government's attitude of increasing the ownership cost of cars is the main reason why sales have been going down
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The automobile sector accounts for 49 per cent of India's manufacturing gross domestic product.
As the key objective of the EV policy is to reduce the burgeoning oil import bill, we should concentrate our attention on two-wheelers, which is the low-hanging fruit and where conversion also is much
Interview with Chairman, Maruti Suzuki