MARUTI Suzuki India Ltd., which produces more than half the cars on India’s roads, recorded no sales in the domestic market last month after output was shuttered.
The nation’s biggest carmaker was forced to shut factories as India imposed the world’s biggest stay-at-home restrictions to control the outbreak of coronavirus. Lost production is costing the industry 23 billion rupees ($306 million) for each day factories remain closed, according to the Society of Indian Automobile Manufacturers.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!