The Hindu Business Line : Maruti procurement goes global

THE country's largest automaker Maruti Udyog is embarking upon a procurement programme to source components globally from the most competitive suppliers.

"We are going in for world-wide procurement or WWP, which means sourcing components from the best and cheapest supplier globally," Mr Jagdish Khattar, Managing Director, Maruti Udyog Ltd, said on Thursday. He added that as tariff walls come down and automakers look to source components from the best in the world, the difference between supplying to a manufacturer in India and to a manufacturer abroad will narrow.

Though not revealing which countries Maruti would look to source components from, Mr Khattar said that apart from Japan, the company already sources dyes and certain raw materials from countries such as Taiwan and Korea.

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