COVID-19: Maruti Suzuki to produce ventilators & masks
Maruti Suzuki India has informed the bourses that it has examined its ability to assist in the production of ventilators, masks and other protective equipment. Further, the company has partnered with AgVa Healthcare, an existing approved manufacturer of ventilators. MSIL would work with AgVa Healthcare to rapidly scale-up production of ventilators, with an aim to reach a volume of 10,000 units per month.
AgVa Healthcare would be responsible for the technology, performance and related matters for all the ventilators produced and sold by them. 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 for higher volumes. Any other assistance required would also be provided. MSIL would also help in arranging finance and obtain all permissions & approvals required in order to enable higher production. MSIL would provide these services free of cost to AgVa Healthcare.
Besides, Krishna Maruti Limited, a joint venture of MSIL along with Ashok Kapur (MD of Krishna Maruti) would be manufacturing three-ply masks for supplying it to Haryana government as well as to the central government. The company said that the production is expected to start as soon as all the necessary approvals are received. Ashok Kapur will provide two million masks, free of cost, from his end.
Furthermore, Bharat Seats Limited, a joint venture of MSIL with Relan Family, would be manufacturing protective clothing as soon as all the required approvals are in place.
All manufacturing units would take maximum care to adhere safety and health of the workers in accordance with the government recommended practices.