Tag: Maruti Suzuki

Maruti Suzuki announces investments in Gujarat

Toshihiro Suzuki, the President of Suzuki Motor Corporation (SMC), announced two major investments in the state of Gujarat. In the first one, Maruti Suzuki India Ltd has reached an understanding with the State of Gujarat for construction of a new automobile production plant. This new plant in Gujarat is aimed to start operation in FY2028-29.…

Maruti Suzuki MAIL programme; entries open for 6th cohort

Maruti Suzuki India Limited (MSIL) welcomes applications for the sixth cohort of its Mobility & Automobile Innovation Lab (MAIL) programme. Early-stage startups working in mobility and automobile space are eligible to participate. According to a statement, “The winning startups will get an opportunity to undertake a paid Proof of Concept (PoC) with the Company. These…

Maruti Suzuki names Shigetoshi Torii and Hisashi Takeuchi as joint MDs

Maruti Suzuki announced it has named Shigetoshi Torii and Hisashi Takeuchi as its new joint MDs, according to Times News Network report. The appointments have been made for a period of three years. New MDs would work under MD Kenichi Ayukawa, the report said. Torii will be in-charge of production and supply chain, while Takeuchi will take…

IOP to collaborate with two automakers in India – Ashok Leyland and Maruti Suzuki

Phinergy which develops metal-air technology that allows electricity to be generated from metals (aluminium and zinc) using oxygen from ambient air, has reported that the joint company under the ownership of Israeli company Phinergy and Indian energy major Indian Oil Corporation (IOC) have signed two Letters of Intent with Ashok Leyland and Maruti Suzuki India Limited, two Indian…

Maruti Suzuki and IIM Bangalore set to nurture 26 startups

Maruti Suzuki India Limited in partnership with Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub at the Indian Institute of Management Bangalore (IIMB), has announced the list of 26 shortlisted mobility startups for a 9-month extensive incubation program. “The collaboration, announced in August 2020, is a first-of-its-kind initiative by an automobile manufacturing…

Maruti Suzuki hands over houses to employees under employee welfare scheme

Maruti Suzuki completed a housing township of eco-friendly houses for its employees in Dharuhera and handed over the first batch of houses to its employees. The remaining apartments out of a total of 360 are expected to be ready for possession in a staggered manner. According to the announcement – The company shares the benefits…

Maruti Suzuki partners with Myles Automotive Technologies for car subscription programme

In a move to offer easy and flexible car ownership to customers, Maruti Suzuki announced the launch of its subscription programme – Maruti Suzuki Subscribe for individuals. Maruti Suzuki has tied up with Myles Automotive Technologies to launch Maruti Suzuki Subscribe as a pilot project in select Indian cities – Hyderabad and Pune. Subscribe programme…

Maruti Suzuki partners with IIM-Bangalore to incubate startups

Maruti Suzuki India Limited announced its partnership with Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub and incubation centre at the Indian Institute of Management, Bangalore (IIMB). This partnership will help startups working in technology-based innovations that can be applied in the mobility sector.  The collaboration marks first-of-its kind initiative by an…

Toyota temporarily suspends operations at Karnataka plant as employees test positive for COVID-19

Toyota Kirloskar Motor India Ltd recently notified that two of its employees at the Bidadi manufacturing plant near Bengaluru, have tested positive for COVID-19. The company said that due to health and safety concerns of other employees, it has temporarily suspended operations at the plant. The automaker said in a statement that the two employees…

Suzuki Motor resumes production at Gujarat plant

Suzuki Motor Gujarat recently announced that it has resumed production at its Hansalpur plant. The company manufactures cars for the Maruti Suzuki brand in India on contract basis. The same announcement was made by Maruti Suzuki India Limited in a regulatory filing with Bombay Stock Exchange. The company said it restarted the operations keeping all…

Employee at Maruti’s Manesar plant tests positive for Covid-19

Just days after reopening its production plant at Manesar, India’s largest automobile manufacturer Maruti Suzuki announced that one of its employees at the plant has tested positive for the novel coronavirus. A company spokesperson informed the media that the company is also looking at “a possibility of a second case” of infection at the plant…

Maruti Suzuki partners with Cholamandalam to make car buying easier amid pandemic

In order to make new car purchase easy and affordable, Maruti Suzuki India Limited announced a partnership with Cholamandalam Investment & Finance Company Limited (CIFCL), a Non-Banking Financial Company.  The partnership will provide customised auto retail financing solutions to retail buyers. The new solution “Buy Now Pay Later Offer’’ is aimed to provide customers with…

Maruti Suzuki to resume operations at Gurugram plant

India’s largest passenger vehicle manufacturer Maruti Suzuki recently announced that it has decided to resume manufacturing operations at its Gurugram plant from May 18. The recent decision comes just a week after the company resumed operations at its Manesar plant on May 12. The company has said that it will operate according to the guidelines…

Maruti Suzuki struggling with manpower shortage due to coronavirus pandemic

India’s biggest automobile manufacturer Maruti Suzuki recently resumed operations at its Manesar facility after more than 40 days, and is reportedly planning to restart more production lines at its Haryana factories over the next seven days. However, shortage of manpower due to movement restrictions has become a challenge for the company. Maruti Suzuki’s Chairman, R…