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.
The all-new unique programme was unveiled in partnership with Hyderabad-based innovation intermediary and business incubator 'T-Hub'.
Company witnessed a sharp rise in its domestic sales by 11.8 per cent to 1,52,983 units last month, as against 1,36,849 units in February 2020.
MSI commenced export of vehicles way back in 1986-87 and the first large consignment of 500 cars was shipped to Hungary in September 1987.
The new model is powered with the new-generation 1.2-litre Dual Jet VVT petrol engine.
Net sales stood at Rs 17,689.3 crore for the period under review, up 9.7 per cent from July-September period of 2019-20.