The purchasing power of the nation is shifting among the younger demographic in India
Indian benchmark indices closed lower by more than 1%.
Maruti Suzuki said that owing to the semiconductor shortage situation it will face an adverse impact on vehicle production in December 2021.
Maruti Suzuki said said that production in August dropped to 113,937 units against 123,769 units (YoY).
Shares of Maruti Suzuki India will be in focus today as the company has announced 60% production cut Owing to a supply constraint of semiconductors.