📊Executive Summary

Maruti Suzuki, India's leading car manufacturer, is facing significant production losses due to a semiconductor chip shortage, with an estimated loss of 175,000 to 185,000 units for FY2023. The company has reported a backlog of 378,000 units and is expected to produce only 155,000 to 170,000 units in March 2023, down from a planned 195,000. This ongoing shortage has resulted in a cumulative production loss of approximately 450,000 units over the past two fiscal years, severely impacting revenue and market share. Maruti is taking measures to minimize the impact, including reducing semiconductor requirements and optimizing production processes....