India's largest carmaker- Maruti Suzuki is gradually recovering its production numbers, which in the past few months witnessed a huge slump owing to the coronavirus crisis. Of course we cannot expect the numbers comparable to last year but the momentum is building up. Maruti Suzuki like other automakers is building up its inventory level ahead of the festive season, however, it has registered a year-on-year decline in production of 19.19 per cent in July 2020. The slump in production last month is much lesser than the 55 per cent YoY production decline it recorded in June 2020.
Ahead of the festive season, Maruti Suzuki has manufactured 1,07,687 units in July 2020 as compared to 1,33,265 units manufactured in the same month last year. Just to give you an idea about the recovery in production numbers, Maruti Suzuki manufactured 50,742 units in June 2020 as compared to the 1,33,265 units in July 2020, witnessing a month-on-month (MoM) uptick of 162.63 per cent.