📊Executive Summary

Maruti Suzuki has reported a potential shortage of electronic parts that could impact production in FY24. The company is facing challenges in sourcing critical components, which may lead to production delays and affect their ability to meet market demand. This situation underscores the ongoing supply chain issues in the electronics sector, particularly for automotive manufacturers that rely heavily on electronic components for vehicle production. Procurement teams should closely monitor the situation and consider strategies to mitigate risks associated with component shortages....