Maruti Suzuki urges vendors to reduce imported parts as rupee slides

Localising electronics will need a push from the government as part of its Make in India mission.

Maruti Suzuki has asked its key vendors to push their foreign suppliers to set up manufacturing facilities in India so that it can drive localization and reduce the overall import content in its cars by around 8 per cent in the coming years.

The combined import content for the car maker and its vendors (who also import sub-components) averages between 15-16 per cent. With the rupee depreciating against the dollar, the cost of imported parts will rise, affecting the production cost.

While it’s true that the average localization of Maruti Suzuki cars is as high as 96-97 per cent, vendors