India’s semiconductor import is expected to reach $100 billion by 2025.
According to the Federation of Automobile Dealers Association (FADA), vehicle retail sales have declined by 5.7% in September 2021
With semiconductor shortage hitting production and rising input costs triggering price rise, consumers should temper expectations of discounts.
Maruti Suzuki produced 1.7 lakh units in July but it was slashed to 1.33 lakh units in August