Maruti Suzuki is open to forming partnerships with auto part makers to secure its future supply chain and maintain its leadership position, the chairman of India's top-selling carmaker said in an interview.
Partnering with suppliers in its early years contributed significantly to Maruti's success in India, where it has 43% share of the car market, and also helped establish a supply chain for combustion engine cars, R. C. Bhargava told Reuters.
With growing demand for more technology in cars and a shift to 'greener' powertrains like electric and hybrid, automotive supply chains globally are changing and need large investments to keep pace.
