Maruti Suzuki sees green shoots on demand front; says semi-conductor shortage could hit output

In an interview to CNBC-TV18, Shashank Srivastava, executive director of sales and marketing at Maruti Suzuki, on Wednesday, said that while there are clear green shoots visible on the demand front, semi-conductor shortages could hit production of Maruti's entire range of vehicles.

“On demand side, I do see a slightly better scenario. However, on the supply side, we have had a semi-conductor (shortage) because of component issues. We have had some reduction in production. It's a little uncertain, so I am not able to quantify it at this time because it all depends on the situation at the vendor’s end and probably, I am not the best person to answer that query. However, on the demand side, I can clearly see green shoots,” he said.

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