InvestorQ : Why is Maruti seeking partnerships with auto component manufacturers?
vidhya Laxmi made post

Why is Maruti seeking partnerships with auto component manufacturers?

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sarah Leo answered.
4 weeks ago
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In a sense, this is indicative of how the component supply chains are becoming more specialized and more sophisticated. Maruti Suzuki is exploring partnerships with auto component makers in order to secure supply chains for the future. The urgency is not hard to understand. It has seen its market share in the passenger vehicles (PV) segment in India dip from 50% to 43%.

That is what Maruti is looking at now. It wants to assure future growth with better control over the supply chains, something that has been a major challenge in the last couple of years. Auto supply chains are getting greener and that call for a revamp and also more investments. Having been slow to join the EV race, now Maruti does not want to miss out.

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