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Industrial Products India, Industrial Manufacturers & Suppliers
 




 
   
 
 
 

Automobile industries output declin

Automobile industries output declines post tsunami in japan

 
As per Society of Indian Automobile Manufacturers (SIAM), some Japanese automobile companies like Honda Siel Car India and Toyota Kirloskar Motor have been affected and announced cut in their output in the aftermath of the tsunami in Japan.

According to SIAM, the details of impact on production of Honda Siel Car India is as under:-
Month/Year               2010               2011   Growth(%)
May-July                   12339             6845   (-)45
In addition, Toyota Kirloskar Motor Private Ltd. has loss of Production (Quantity) of 8906 vehicles and loss of revenue (excise duty) to the Government amounting to Rs. 1453 million.
The production of some auto companies has been impacted on account of low supply of auto ancillaries/components manufactured in Japan.  The affected companies have been monitoring the position in order to normalize their operations.  As a result, most of the Japan-based suppliers have been making progress to restart production and many either have or are ready to resume production of such parts.
This information was given by the Minister of Heavy Industries and Public Enterprises  Shri Praful Patel in written  reply to a question in the Lok  Sabha.

 
     
 
   
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