 "Maruti Suzuki Nexa dealership in New Delhi")
Shares of Maruti Suzuki India (MSIL) dipped 4 per cent to Rs 6,780 on the BSE in early morning trade in an otherwise strong market, on reports of production cut due to slower demand.
“A slowing demand in India’s passenger vehicle market has prompted the car market leader, Maruti Suzuki India, to cut production by a quarter over March last year,” the Business Standard reported quoting people aware of the company’s plans.
Maruti is estimated to have cut production to around 126,000 units as compared to more than 172,000 units a year ago, which is a 26.8 per
“A slowing demand in India’s passenger vehicle market has prompted the car market leader, Maruti Suzuki India, to cut production by a quarter over March last year,” the Business Standard reported quoting people aware of the company’s plans.
Maruti is estimated to have cut production to around 126,000 units as compared to more than 172,000 units a year ago, which is a 26.8 per
