KIRLFER.NSE News
India’s auto boom at risk as Iran-Israel war chokes gas supplies, straining supply chains
NEW DELHI: India’s automakers and parts suppliers are bracing for production slowdowns and assembly-line disruptions as the Iran conflict chokes gas availability, threatening growth in the world’s third-largest car market. Some parts suppliers to India’s leading carmakers like Maruti Suzuki , Tata Motors and Mahindra are already reporting a shortage of gas to power operations, an early sign that supply chain issues are developing, according to two dozen executives at car companies, part makers and dealers. The disruption comes at a time when India’s car demand is soaring to record levels, with sales expected to cross 4.5 million units in the current fiscal year to March 31, leaving little excess inventory with manufacturers and dealers. “At this point in time it is about survival. First and foremost we need to ensure production continues. The buffer stocks will not last long,” said a senior executive with a leading carmaker. India most exposed to West Asia conflict India relies heavily on the Middle East for energy supplies, importing 50% of its natural gas needs mostly from Qatar, which has been forced to shut its refinery after a wave of Iranian attacks.
cityfalcon.com
India’s auto boom at risk as Iran-Israel war chokes gas supplies, straining supply chains
NEW DELHI: India’s automakers and parts suppliers are bracing for production slowdowns and assembly-line disruptions as the Iran conflict chokes gas availability, threatening growth in the world’s third-largest car market. Some parts suppliers to India’s leading carmakers like Maruti Suzuki , Tata Motors and Mahindra are already reporting a shortage of gas to power operations, an early sign that supply chain issues are developing, according to two dozen executives at car companies, part makers and dealers. The disruption comes at a time when India’s car demand is soaring to record levels, with sales expected to cross 4.5 million units in the current fiscal year to March 31, leaving little excess inventory with manufacturers and dealers. “At this point in time it is about survival. First and foremost we need to ensure production continues. The buffer stocks will not last long,” said a senior executive with a leading carmaker. India most exposed to West Asia conflict India relies heavily on the Middle East for energy supplies, importing 50% of its natural gas needs mostly from Qatar, which has been forced to shut its refinery after a wave of Iranian attacks.
cityfalcon.com
Kirloskar Ferrous Industries faces operational disruption at Solapur plant due to LPG supply issues
Kirloskar Ferrous Industries Limited (KFIL), a subsidiary of Kirloskar Industries, has announced a temporary disruption in operations at its Solapur plant. The disruption is attributed to the affected supply of…
cityfalcon.com
Maharashtra News: Solapur Division Begins Steel Bar Unloading At Bhigvan Goods Shed
The Solapur Division of Central Railway has started unloading steel bars at Bhigvan Goods Shed, marking a new freight stream. The first rake of 46 BOSM wagons arrived from Jindal Siding, Bilaspur, for Kirloskar Ferrous Industries. The move follows infrastructure upgrades under the Business Development Unit initiative to improve efficiency, safety and customer facilities.
cityfalcon.com
Kirloskar Ferrous to invest ₹3,000 crore in Karnataka’s Hiriyuru plant expansion
The company plans to ramp up production capacity, launch sponge pipe manufacturing, and enhance its steel output
cityfalcon.com