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Indian automakers increase production for festive season demand
Major automakers in India are increasing production and dealer inventory to meet high consumer demand during the peak festive buying season.
Maruti Suzuki India reports 2.2 lakh pending bookings, representing approximately 16 days of stock. The company has commissioned two new production lines to add 5 lakh in capacity, aiming to stabilize these lines by the end of the year.
Hyundai Motor India has prepared by building four to five weeks of inventory across its dealer network. Meanwhile, Mahindra & Mahindra has scaled its manufacturing capacity for utility vehicles and electric vehicles to 68,000 units per month to reduce customer waiting periods.
Entities
Hyundai Motor India · Mahindra & Mahindra · Maruti Suzuki India