Policy stability important to nurture industry: Maruti Suzuki - lithium ion battery pack

Maruti Suzuki India, India's largest carmaker, said policy stability and predictability are important to foster an industry ecosystem as the business environment becomes increasingly uncertain.
Maruti Suzuki India, India's largest carmaker, said policy stability and predictability are important to foster an industry ecosystem as the business environment becomes increasingly uncertain.
While "fast-changing regulations have also created a dynamic business environment," said Kenichi Ayukawa, MD and CEO of Maruti Suzuki India, "The automotive industry is a policy-sensitive industry regulatory change that could have a profound impact on our growth or the direction of technology and manufacturing ".
In the company's speech to shareholders in its 2016 report --
"An important lesson we learned last year is that the business environment has become increasingly uncertain and the organization must be further strengthened to effectively respond to this unexpected disruption," Ayukawa said on the 17 th ". Description 2016
As a "vibrant and eventful year," he said: "We are facing the same challenge as the fire from our two major suppliers caused short-term disruption to operations.
In addition, after the demonization, there was some uncertainty at first.
Despite these unexpected events, our market share has increased, and we are able to welcome more and more customers to join our family ".
Ayukawa called for a consistent policy, saying: "The stability and predictability of the policy is very important to foster an industry ecosystem.
It helps the industry to be more efficient and to define work objectives and technologies ".
"We are working with the government to consider policies that will make our cars safer, cleaner and more consumer-friendly in the Indian environment," he added ". In 2016-
On the 17 th, the auto industry had to face some uncertainties, such as the Supreme Court's ban on registration.
Final diesel and suv with 2, 000cc and above engine capabilities in Delhi and NCR, as well as sales of bs iii vehicles.
Under the new tax system, big cars and SUVs are now facing a possible cess increase, the GST committee recommends that the maximum ceiling be raised from 15 percentage points of the maximum tax rate to 28 per cent of 25 percentage points.
While welcoming the government's decision to promote electric vehicles, MSI chairman RC Bhargava said, "Once we have determined that customers are ready to buy electric vehicles, the company will not delay the launch of electric vehicles ".
At the same time, efforts must continue to improve fuel efficiency.
"Hybrid technology has greatly improved fuel efficiency and is acceptable to customers," he added . ".
Bhargava also said: "We will continue to promote this kind of car as a step in electric vehicles. A Lithium-
Suzuki is also setting up a joint venture with Toshiba and Denso to build an ion battery pack plant.
This will help reduce costs and promote hybrid and electric vehicles ".
When the government canceled the award for light hybrids under the reputation plan, MSI's Ertiga and Ciaz models were hit the most.
Bhargava stressed that new technologies will be very important in the coming years, saying, "failure to keep up with technological changes can have serious consequences for any company.
In India, we have to deal with energy security, environmental protection and security.
The desire of young and skilled customers must be met ".
On the implementation of the GST, Bhargava said, "I expect this will change the rules of the game for Indian industry and economy.
Over the past few decades, the relationship between India's economy and modern industry and competing countries has become increasingly uncoordinated.
He added: "The various reforms and initiatives the government has taken over the past three years are pushing the country to become an attractive place to build manufacturing activity and do business.
Transparency and objectivity of decision making when invisible money disappears
Bhargava said: "The formulation will increase, MSI has always been a firm supporter of strict compliance with all laws and rules, and ethical behavior is our slogan.
We welcome what is happening as it is good for both India and your company. ".
(This article has not been edited by the DNA editing team and is automatically edited
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