Maruti Suzuki to produce ventilators in tie-up

Automobile manufacturer Maruti Suzuki India Limited (MSIL) on Saturday said it has entered into an arrangement with AgVa Healthcare to produce ventilators. According to the company, through this arrangement it intends to reach a volume of 10,000 ventilators per month.

“AgVa Healthcare would be responsible for the technology, performance and related matters for all the ventilators produced and sold by them”, the company said in a statement.

“MSIL would use its suppliers to produce the required volume of components and use its experience and knowledge to upgrade systems for the production and quality control of the higher volumes.

MSIL would also help to arrange financing and obtain all permissions and approvals required to enable the higher production.

MSIL would provide these services free of cost to AgVa Healthcare. In another development, Krishna Maruti Limited, a joint venture of MSIL with Ashok Kapur, would be manufacturing 3-ply masks for supply to the Haryana and Central governments.

“The production is expected to start as soon as all approvals are received. Ashok Kapur will provide 2 million masks free of cost as his own co ntribution,” the statement said.

Besides, Bharat Seats Limited, a joint venture of MSIL with the Relan family, would be manufacturing protective clothing “as soon as all approvals are in place”.

Indo-Asian News Service