Wednesday, July 5, 2023

Auto Inc puts pay hikes in top gear as profits surge

"With the excellent efforts of employees, Maruti Suzuki has performed well in FY23," said Rajesh Uppal, member executive board, HR, Maruti Suzuki, which recorded the highest-ever turnover of ₹1 lakh crore. "Our sales of 19.66 lakh units were the highest ever... the company recognises the efforts of employees and shares the fruit of their good work with them," Uppal told ET.

from Auto-Industry-Economic Times https://ift.tt/r4RAq0k

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...