M&M to halt production for 7 days due to chip shortage, sees 25% output cut

The announcement by Mahindra comes barely a few days after a similar move by market leader Maruti Suzuki India, which expects production to be lower by 40% in the current month

Mahindra and Mahindra will halt at its auto plants for seven days due to the supply related disruption of semiconductors. As a result of the "no-production" days, the overall output during the month is expected to contract by 20-25 per cent, the company said in an exchange filing on Thursday.  

"The company's Automotive Division continues to face supply shortages of semiconductors, which has further accentuated due to Covid lockdowns in some parts of the world," it said in the statement. Mahindra will be observing ‘No Production Days’ of around seven days in its Automotive Division plants in the month of