Maruti Vendors Requested To Stock Up On Inventory In View Of Second Wave

by Jatin Chhibber | 27/06/2020
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Osamu Suzuki, Suzuki Motor Chairman asked the component suppliers and vendors to keep a generous amount of inventory in case the country faces the second wave of this deadly virus.

Recently, Mr Osamu Suzuki, Chairman, Suzuki Motor Corporation, had spoken about the current situation in India and its impact on the economy of the automobile sector. He thinks that the second wave of this deadly virus could hit our country in the near future. Keeping this in mind, he requested all the vendors in India to raise output and collect a sizeable inventory. As many of you may know, Suzuki Motors is the Japanese parent organization of the Maruti Suzuki India Limited, which is India’s biggest carmaker. 

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Mr Osamu Suzuki belives that a second wave of this virus could hit the country

This call comes after Tamil Nadu government reimposed the lockdown for 12 days from June 19, 2020, because of the increasing cases. Due to these 12 days of lockdown, automakers like Hyundai Motor, Renault and Eicher Motor might face some restrictions in production. Maruti Suzuki is also likely to face issues as some of the vendors are from that state, who will have to halt manufacturing due to the lockdown imposed in the state.

The letter written by Suzuki says that “The lockdown has been re-imposed in few cities (in India) and we are most concerned about the chaos/confusion again. Therefore, we request you to take necessary measures to be able to respond to production recovery plan after July and request you to build up enough inventories toward the preparation for the second wave of COVID virus," Suzuki said in view of the COVID-19 situation in the country.
“We at Maruti Suzuki also plan to build up the inventory of in-house manufactured parts and gear up ourselves to avoid the same furrow. I am very sorry for making the above request in a situation wherein everyone is passing through a tough time on account of corona impact but I would like to request you (to) carefully consider the situation, and seek your special cooperation,"

This is the very first time in the last ten years that Osamu Suzuki, Chairman of Suzuki Motor Corporation has reached out directly to the vendors of Maruti Suzuki in India. This letter was written by Mr Osamu Suzuki on 17th June 2020 and he addressed all the suppliers expressing concern over the current situation. 

 

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