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MoneyWireMaruti Austerity: Maruti Suzuki announces austerity measures for staff to conserve forex
Maruti Austerity

Maruti Suzuki announces austerity measures for staff to conserve forex

This story was originally published at 19:27 IST on 26 May 2026
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Informist, Tuesday, May 26, 2026

 

NEW DELHI - Maruti Suzuki India Ltd. Tuesday said its management will implement austerity measures to make processes more efficient amid the ongoing war in West Asia. "The company strongly feels whether it is during a crisis or business as usual, management should conduct business in the most productive and efficient manner, minimizing the use of petroleum products and foreign currency expenditure," the company said in a social media post.

 

Maruti Suzuki has asked its employees to work from home wherever operationally feasible in order to reduce commute-related fuel consumption. The company has asked its business partners and employees to avoid foreign travel unless the trips are critical for the business. Domestic travel will also be minimised and virtual meetings will be the preferred mode for engagements, it said.

 

Maruti Suzuki has asked its employees to 'actively adopt' carpooling and use of public transport wherever practical. Additionally, the company has called on its staff to optimise the use of appliances such as air conditioners, fans, lights, and other equipment across their offices and homes to prioritise energy conservation.

 

Earlier last week, Prime Minister Narendra Modi made a public appeal to Indians, asking them to encourage work-from-home, use public transport, halt plans to purchase gold, avoid imported goods, and postpone foreign trips to restrict expenditure incurred in foreign currency and to minimise the use of petroleum products. The rupee has seen a sharp depreciation against the dollar, and prices of crude oil and derivative products have shot up since the US and Israel began aerially bombarding Iran on Feb. 28. The warring nations have since announced a ceasefire, but the war's conclusion hangs in the balance.

 

For the March quarter, Maruti Suzuki's net profit was INR 35.91 billion on revenues of INR 524.49 billion. Tuesday, its shares closed at INR 13,208 on the National Stock Exchange, up 0.3% from Monday.   End

 

Reported by Anand JC

Edited by Saji George Titus

 

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