Maruti Suzuki acquires stake in homegrown AI startup Amlgo Labs
Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.
Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.
In a significant development towards meeting the needs of the automobile sector in the country, Maruti Suzuki India will invest Rs 35,000 crore to set up its second manufacturing facility in Gujarat.
The objectives of the policy are to provide a boost to the economy through increased sales, reduce pollution because older vehicles are presumed to emit more toxic fumes and improve the fuel-efficiency of vehicles allowed on the roads.
India's largest car manufacturer Maruti Suzuki India Ltd has announced that it has recalled 9,925 cars of the Wagon R, Celerio, and Ignis models citing a defect in the rear brake assembly pin.
Maruti Suzuki India Limited that makes cars and also light commercial vehicles logged a total sales of 176,306 units last month, up from 86,380 units sold in September 2021.
Bhargava noted that the auto industry has developed so much because the people in this country have a great aspiration to own a car
Bhargava also said Maruti Suzuki India has outlined a capex of Rs 4,500 crore in the ongoing fiscal for its various business purposes
The sales in the domestic market stood at 308,095 units, while exports were at 45,519 units.
The company was first to believe in the potential of upcountry markets. In 2008, MSIL strengthened its strategy with a focused and structured approach towards the rural hinterland, which was least affected by the global financial crisis then.
MSI said the price change for Swift and all CNG variants is owing to an increase in various input costs.