Section

Expect some impact on costs due to Red Sea crisis: Maruti Suzuki

By Economic Times - 10 months ago
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.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.